Buhari Signs Amended Companies And Allied Matters Bill

President Buhari is reported to have assented to the Companies and Allied Matters Bill, 2020 which was recently passed by both chambers of the National Assembly.

The President’s action on Friday thus repealed and replaced the extant Companies and Allied Matters Act, 1990, introducing after 30 years, several corporate legal innovations geared toward enhancing the ease of doing business in the country. The changes comprised Filing fee reductions and other reforms to make it easier and cheaper for small and medium-sized enterprises to register and reform their businesses in Nigeria;

Others are allowing corporate promoters of companies to establish private companies with a single member or shareholder, and creating limited liability partnerships and limited partnerships to give investors and business people alternative forms of carrying out their business in an efficient and flexible way; Innovating processes and procedures to ease the operations of companies, such as introducing Statements of Compliance; replacing “authorised share capital” with minimum share capital to reduce costs of incorporating companies; and providing for electronic filing, electronic share transfers, e-meetings as well as remote general meetings for private companies in response to the disruptions to close contact physical meetings due to the COVID-19 pandemic;

This important piece of legislation as well require the disclosure of persons with significant control of companies in a register of beneficial owners to enhance corporate accountability and transparency; and enhancing the minority shareholder protection and engagement; introducing enhanced business rescue reforms for insolvent companies; and permitting the merger of Incorporated Trustees for associations that share similar aims and objectives.

Marsbahis

Bedava bonus veren siteler

Marsbahis

Hacklink

Betnbet

Hacklink

Marsbahis marsbet

Betkom

deneme bonusu veren siteler

Betsat

deneme bonusu veren siteler

Hacklink

Hacklink

nakitbahis güncel giriş

hacklink panel

hacklink

betrari

Hacklink

Rank Math Pro Nulled

WP Rocket Nulled

Yoast Seo Premium Nulled

Elementor Pro NULLED

Hacklink satın al

Hacklink

Hacklink

Duplicator Pro Nulled

WP All Import Pro Nulled

WPML Multilingual Nulled

Hacklink

Hacklink

Hacklink

Betebet

Hacklink

Meritking

Marsbahis

Marsbahis

Marsbahis güncel adres

Marsbahis giris

Hacklink

Nulled WordPress Plugins and Themes

https://nulledplugintheme.com/

Meritking

hacklink

Taksimbet

Deneme bonusu veren siteler

Meritking

Marsbahis

Restbet

Bahsine

matbet

pusulabet

Tipobet

Betmarlo

Hacklink

casibom

Hacklink

Hacklink

Hacklink

hacklink

Hacklink

Nulled WordPress Themes Plugins

Marsbahis casino

Marsbahis

Hacklink

Marsbahis

Hacklink

Hacklink

Bayşanslı

Hacklink satın al

Marsbahis giriş

Marsbahis

Marsbahis

casibom

casibom

casibom

casibom

먹튀 검증

Hacklink

Hacklink

Marsbahis

Marsbahis

deneme bonusu veren siteler

Betwooon

betwoon

betebet

Marsbahis

padişahbet

bahsegel giriş

betpas