Home » Nigeria » Nigeria CAMA 2020 » Section 236 Companies and Allied Matters Act (CAMA) 2020

Section 236 Companies and Allied Matters Act (CAMA) 2020

Section 236 CAMA 2020

Non-compliance and penalty

Without prejudice to the provisions of section 567 of this Act, if a company fails to comply with the requirements of section 235 of this Act, the company and any officer in default commits an offence and are liable to a fine for everyday during which the default continues in such amount as the Commission shall specify in its regulations.

See also  Section 227 Companies and Allied Matters Act (CAMA) 2020

More Posts

Taxation and Development In Nigeria

Taxation and Development In Nigeria Nigeria, the largest economy in Africa1, is at an important point of economic development as the country’s economy hinges on the reform of the

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others