On 7th August 2020, Nigeria's long anticipated Companies and Allied Matters Act, the Act became operative. The Act has been lauded for its introduction of a number of provisions which are in tandem with the present realities of today's business world, particularly as disrupted by the Covid-19 pandemic. One of such lauded provisions comes under Section 240 (2). It provides that private companies incorporated in Nigeria are now expressly permitted to hold their general meetings electronically. We have examined the language of the Act and the limits (if any), that a company's Articles of Association may have on a decision to hold a general meeting by electronic means. Please see the publication for our position.
Can All Private Companies Hold General Meetings Electronically?
August 10, 2023
Assessing The Practicability of The Deeming Provisions of The Business Facilitation (Miscellaneous Provision) Act
July 16, 2023
Acquiring Central Bank of Nigeria Regulated Entities – The Core of the Deal
May 10, 2023