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LexPraxis Solicitors

#Shareholders

  • By Cynthia Tishion
  • July 29, 2021
  • 0 Comments

DUTY OF DISCLOSURE OF PERSONS WITH SIGNIFICANT CONTROL – WHAT SHAREHOLDERS AND OFFICERS OF PRIVATE COMPANIES SHOULD KNOW.

The new Companies and Allied Matters Act, 2020 has made it mandatory for substantial shareholders of new and existing private companies or limited liability partnerships, as well as persons with significant control to disclose details of such control to the company within seven days of acquiring such control. In addition, the company in question must…

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  • By Cynthia Tishion
  • July 22, 2019
  • 0 Comments

ARE YOUR SHAREHOLDERS GOOD FOR THE MONEY? ARE YOUR DIRECTORS EQUIPPED WITH RELEVANT EXPERIENCE?

As a lawyer, i’ve had the pleasure of receiving instructions from clients as regards getting their companies registered. While receiving their instructions, i’ve noticed a trend that is very common amongst most of them… It’s the trend of nominating company agents such as; directors, shareholders who in most cases have no business taking such roles…

Read More : ARE YOUR SHAREHOLDERS GOOD FOR THE MONEY? ARE YOUR DIRECTORS EQUIPPED WITH RELEVANT EXPERIENCE?