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Section 771 Companies and Allied Matters Act (CAMA) 2020

Section 771 CAMA 2020 Section 771 Companies and Allied Matters Act is about Obligation to contribute. It is under Chapter 5 (Contributions) of the Act. (1) An obligation of a partner to contribute money, property or other benefit or to perform services for a limited liability partnership shall be in accordance with the limited liability […]

Section 770 Companies and Allied Matters Act (CAMA) 2020

Section 770 CAMA 2020 Section 770 Companies and Allied Matters Act is about Form of contribution. It is under Chapter 5 (Contributions) of the Act. (1) A partner’s contribution may consist of tangible, intangible,movable, immovable or property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or […]

Section 769 Companies and Allied Matters Act (CAMA) 2020

Section 769 CAMA 2020 Section 769 Companies and Allied Matters Act is about Unlimited liability incase of fraud. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) In the event of an act carried out by a limited liability partnership, or any of its […]

Section 768 Companies and Allied Matters Act (CAMA) 2020

Section 768 CAMA 2020 Section 768 Companies and Allied Matters Act is about Holding out. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A person who by words spoken or written or by conduct,represents himself, or knowingly permits himself to be represented to […]

Section 767 Companies and Allied Matters Act (CAMA) 2020

Section 767 CAMA 2020 Section 767 Companies and Allied Matters Act is about Extent of liability of partner. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A partner is not personally liable, directly or indirectly for an obligation referred to in section 766 […]

Section 766 Companies and Allied Matters Act (CAMA) 2020

Section 766 CAMA 2020 Section 766 Companies and Allied Matters Act is about Extent of liability of limited liability partnership. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A limited liability partnership is not bound by anything done by a partner in dealing […]

Section 765 Companies and Allied Matters Act (CAMA) 2020

Section 765 CAMA 2020 Section 765 Companies and Allied Matters Act is about Partner as agent. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. A partner of a limited liability partnership is, for the purpose of the business of the limited liability partnership, the […]

Section 764 Companies and Allied Matters Act (CAMA) 2020

Section 764 CAMA 2020 Section 764 Companies and Allied Matters Act is about Registration of change in particulars of partners. It is under Chapter 3 (Partners and their relations) of the Act. (1) Every partner shall inform the limited liability partnership of any change in his name or address within 15 days of the change. […]

Section 763 Companies and Allied Matters Act (CAMA) 2020

Section 763 CAMA 2020 Section 763 Companies and Allied Matters Act is about Cessation of partnership interest. It is under Chapter 3 (Partners and their relations) of the Act. (1) A person may cease to be a partner of a limited liability partnership in accordance with an agreement with the other partners or, in the […]

Section 762 Companies and Allied Matters Act (CAMA) 2020

Section 762 CAMA 2020 Section 762 Companies and Allied Matters Act is about Relationship of the partners. It is under Chapter 3 (Partners and their relations) of the Act. (1) Except as otherwise provided by this Act, the mutual rights and duties of the partners of a limited liability partnership, and the mutual rights and […]