Section 89 Companies and Allied Matters Act 2020

Section 89 CAMA 2020 Section 89 Companies and Allied Matters Act is about Acts of the general meeting, board of directors, or of managing directors. It is under Liability for Acts of the Company of Chapter 5 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Acts of the general meeting, board […]

Section 88 Companies and Allied Matters Act 2020

Section 88 CAMA 2020 Section 88 Companies and Allied Matters Act is about Delegation to committees and managing directors. It is under Chapter 5 (Acts by or on Behalf of the Company Exercise of Company’s Powers) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Delegation to committees and managing directors Unless […]

Section 87 Companies and Allied Matters Act 2020

Section 87 CAMA 2020 Section 87 Companies and Allied Matters Act is about Division of powers between general meeting and board of directors. It is under Chapter 5 (Acts by or on Behalf of the Company Exercise of Company’s Powers) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Division of powers […]

Section 86 Companies and Allied Matters Act 2020

Section 86 CAMA 2020 Section 86 Companies and Allied Matters Act is about Duties and liabilities of a promoter. It is under Chapter 4 (Promoters) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Duties and liabilities of a promoter (1) A promoter stands in a fiduciary relationship to the company and […]

Section 85 Companies and Allied Matters Act 2020

Section 85 CAMA 2020 Section 85 Companies and Allied Matters Act is about Persons promoting a company. It is under Chapter 4 (Promoters) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Persons promoting a company Any person who undertakes to take part in forming a company with reference to a given […]

Section 84 Companies and Allied Matters Act 2020

Section 84 CAMA 2020 Section 84 Companies and Allied Matters Act is about Application of certain sections to foreign companies. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Application of certain sections to foreign companies Except as provided under sections 80, 81 and 82 […]

Section 83 Companies and Allied Matters Act 2020

Section 83 CAMA 2020 Section 83 Companies and Allied Matters Act is about Penalties for false information. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Penalties for false information (1) A person who, for the purpose of obtaining an exemption or of complying with […]

Section 82 Companies and Allied Matters Act 2020

Section 82 CAMA 2020 Section 82 Companies and Allied Matters Act is about Exempted foreign company to have status of unregistered company. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Exempted foreign company to have status of unregistered company Subject to this Act and […]

Section 81 Companies and Allied Matters Act 2020

Section 81 CAMA 2020 Section 81 Companies and Allied Matters Act is about Annual report. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Annual report (1) Every exempted foreign company shall deliver to the Commission, in every calendar year, a report in the form […]

Section 80 Companies and Allied Matters Act 2020

Section 80 CAMA 2020 Section 80 Companies and Allied Matters Act is about Power to exempt foreign companies. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act. Power to exempt foreign companies (1) A foreign company may apply to the Minister for exemption from the […]