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Section 98 Companies and Allied Matters Act 2020

Section 98 CAMA 2020

Section 98 Companies and Allied Matters Act is about Common seal of the company. It is under Company’s Contracts of Chapter 5 of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Common seal of the company

A company may have a common seal but need not have one, and where a company has a common seal, the design and use of that seal shall be regulated by the company’s articles and it shall have its name engraved in legible characters on the seal.

See also  Section 406 Companies and Allied Matters Act (CAMA) 2020

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