LATEST ARTICLES
Egypt
Soliman Hashish & Partners
On November 8th, 2023, the Board of Directors of the Financial Regulatory Authority (the "FRA") issued Resolution No. 245 of 2023 (the "Resolution") on the amendment of the Board of Directors...
Mauritius
Orison Legal
In the case of Heeraman v. Cherval & ors [2023 SCJ 513], the Applicant complained that as a minority shareholder he was prejudiced by the acts and doings of the Respondents...
Appleby
Generally, when there is a wrongdoing committed against a company, it is the company itself which acts. The decision to initiate proceedings rests with the directors and not the shareholders.
Nigeria
TLP Advisory
Nigeria operates the English common law system, which can be traced back to its colonial history. Nigeria was colonised by Britain and the common law system is a legacy of English colonialism.
Tope Adebayo
The anti-corruption drive of the President Bola Ahmed Tinubu administration has received its irst stress test arising from the crisis in the Ministry of Humanitarian Affairs...
Lexworth Legal Partners
In 2019, the Financial Reporting Council of Nigeria ("FRCN") revolutionised the scenery of corporate governance in Nigeria with the introduction of the Nigerian Code of Corporate Governance 2018...
Ovie Obobolo & Co.
The need for ease in businesses and transactions makes it necessary for individuals and business owners to access credit facility, that is, loan.
Charis Legal Practice
A partnership is an arrangement between two or more people (the "Partners") to do business together with the intention of making a profit.
Ajumogobia & Okeke
The Companies and Allied Matters Act, CAP C20, LFN 2004 ("CAMA") imposes duties, responsibilities and statutory obligations on the members...
Building A Resilient Future: Leveraging Board Evaluation For Enhanced Performance And Sustainability
Banwo & Ighodalo
The role of corporate governance in a dynamic business landscape cannot be overemphasized. The board of directors plays a pivotal role in steering companies toward success...
Paul Usoro & Co
President Muhammadu Buhari, on 13 February 2023, signed the Business Facilitation Bill 2022, otherwise known as the Omnibus Bill into law.
Convergence Law Practice
On the 10th January 2024, the Central Bank of Nigeria (CBN) dissolved the Board and Management of Union Bank, Keystone Bank and Polaris Bank in Nigeria.
The Trusted Advisors
The Corporate Affairs Commission has sent a notice to inform the general public and, in particular, Companies operating and their Directors and Officers that the Companies...
Banwo & Ighodalo
The Corporate Affairs Commission ("CAC") serves as the statutory authority entrusted with the registration and oversight of legal entities in Nigeria. In the wake of the enactment of the Companies...
The Trusted Advisors
Annual returns play a crucial role in the corporate governance and regulatory compliance of companies in Nigeria. These returns are a formal record of a company's financial activities...
Pavestones Legal
As startups scale, founders often face a harsh reality—losing control and ownership of the company they birthed to external factors like investors and funding endeavors.
South Africa
Fasken
The Minister of Trade, Industry and Competition has proposed the following amendments to the Companies Act, 2008 by way of the Companies Amendment Bill, 2023...
Swart Attorneys
Share buy-backs are governed by section 48 of the Companies Act, 2008 ("the Act"), allowing for a company to acquire its own shares in issue subject to passing prescribed solvency and liquidity
Pinsent Masons
Many changes are expected in South Africa's company law, with the public hearings on the proposed amendments to the Act scheduled to commence on 20 February.
Solola & Akpana
When a company is unable to meet its financial obligations to creditors on time, it is considered insolvent. Insolvency is as a state where a company's financial liabilities...
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