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Section 15 Companies and Allied Matters Act 2020

Section 15 CAMA 2020 Section 15 Companies and Allied Matters Act, 2020, is about Annual accounts, audit and estimates. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Annual accounts, audit and estimates (1) The financial year of the Commission starts on the 1st day of January and end on the 31st day […]

Section 14 Companies and Allied Matters Act 2020

Section 14 CAMA 2020 Section 14 Companies and Allied Matters Act, 2020, is about Expenditure of the Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Expenditure of the Commission The Commission may apply the proceeds of the Fund—(a) to the cost of administration of the Commission;(b) for re-imbursing members of the […]

Section 13 Companies and Allied Matters Act 2020

Section 13 CAMA 2020 Section 13 Companies and Allied Matters Act, 2020, is about Fund of the Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Fund of the Commission The Commission shall establish a fund (in this Act referred to as “the Fund”) which shall consist of —(a) money as may […]

Section 12 Companies and Allied Matters Act 2020

Section 12 CAMA 2020 Section 12 Companies and Allied Matters Act, 2020, is about Service in the Commission to be pensionable. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. (1) Service in the Commission shall be approved service for the purpose of the Pensions Reform Act (or any amendment thereto or reenactment […]

Section 11 Companies and Allied Matters Act 2020

Section 11 CAMA 2020 Section 11 Companies and Allied Matters Act, 2020, is about Right to appear in Court. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Right to appear in Court Notwithstanding the provisions of any enactment to the contrary, a person appointed to the office of Registrar-General under section 9 […]

Section 10 Companies and Allied Matters Act 2020

Section 10 CAMA 2020 Section 10 Companies and Allied Matters Act, 2020, is about Appointment of Staff. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Appointment of Staff The Commission may appoint such other staff as it may deem necessary for the efficient performance of the functions of the Commission under this […]

Section 9 Companies and Allied Matters Act 2020

Section 9 CAMA 2020 Section 9 Companies and Allied Matters Act, 2020, is about Appointment of Registrar-General. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Appointment of Registrar-General (1) The Commission shall appoint a Registrar-General who—(a) is qualified to practice as a legal practitioner in Nigeria;(b) has been so qualified for at […]

Section 8 Companies and Allied Matters Act 2020

Section 8 CAMA 2020 Section 8 Companies and Allied Matters Act, 2020, is about Functions of the Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Functions of the Commission (1) The functions of the Commission shall be to—(a) administer this Act, including the registration, regulation and supervision of—(i) the formation, incorporation, […]

Section 7 Companies and Allied Matters Act 2020

Section 7 CAMA 2020 Section 7 Companies and Allied Matters Act, 2020, is about Disclosure of interest. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Disclosure of interest (1) A member of the Board who is directly interested in any company or enterprise, the affairs of which are being deliberated upon by […]

Section 6 Companies and Allied Matters Act 2020

Section 6 CAMA 2020 Section 6 Companies and Allied Matters Act, 2020, is about Proceedings of the Board. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Proceedings of the Board (1) Subject to this section and section 27 of the Interpretation Act, the Board may make standing orders regulating its proceedings. (2) […]