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.