CONTENT:
- Companies and Allied Matters Act, 1990 relating to formation of a company.
- Terminologies
- Memorandum of Association.
COMPANIES AND ALLIED MATTERS ACT, 1990 RELATING TO FORMATION OF A COMPANY.
Definition:
A company can be defined as a body corporate (i.e. an aggregation of persons or individuals), having a distinct legal personality by or under:
- Companies and Allied Matters Act, 1990 relating to formation of a company
- An enabling statute of government.
EVALUATION
- State 5 purposes of having CAMA 1990 in place.
- Evaluate the effectiveness of CAMA 1990 in fulfilling the above mentioned purposes.
- Highlight the procedure of in incorporating a company in Nigeria.
- State 4 conditions a person must fulfill before he/she is qualified to join in the formation of a company.
Terminologies (I) Memorandum of Association.
Meaning of Memorandum of Association
This a document/constitution used to state/specify the object, power and the external relationship a company has with the outside world (Public).
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