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Companies and Allied Matters Act, 2020 πŸ‡³πŸ‡¬


Coat of Arms

Companies and Allied Matters Act, 2020

  • Assented to on 7 August 2020
  • Commenced on 1 January 2021
  • [This is the version of this document as it was from 1 January 2021 to 7 February 2023.]
AN ACT TO REPEAL THE COMPANIES AND ALLIED MATTERS ACT, CAP. C20, LAWS OF THE FEDERATION OF NIGERIA, 2004 AND ENACT THE COMPANIES AND ALLIED MATTERS ACT, 2020, TO PROVIDE FOR THE INCORPORATION OF COMPANIES, LIMITED LIABILITY PARTNERSHIPS, LIMITED PARTNERSHIPS, REGISTRATION OF BUSINESS NAMES TOGETHER WITH INCORPORATION OF TRUSTEES OF CERTAIN COMMUNITIES, BODIES,ASSOCIATIONS ; AND FOR RELATED MATTERS.ENACTED by the National Assembly of the Federal Republic of Nigeriaβ€”

Part A – CORPORATE AFFAIRS COMMISSION

1. Establishment of the Corporate Affairs Commission

(1)There is established the Corporate Affairs Commission (in this Act referred to as β€œthe Commission”).
(2)The Commissionβ€”
(a)is a body corporate with perpetual succession and a common seal;
(b)may sue and be sued in its corporate name; and
(c)may acquire, hold or…

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