Pitfalls of Section 850 of CAMA

Section 850 of the Companies and Allied Matters Act 2020 empowers the Commission to withdraw, cancel or revoke the certificate of an association at will. When this is done, it provides grounds for the subsequent dissolution of such association by an order of the court. The case of Salomon v. Salomon is a locus classicus…

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New Insolvency Regulations 2022 Approved; Takes Immediate Effect [Download]

In the exercise of the powers conferred on him by Section 867 of the Companies and Allied Matters Act (CAMA) 2020, the Minister of Industry, Trade and Investment Otunba Richard Adeniyi  Adebayo has approved the Insolvency Regulations (IR) 2022 to govern: Company Voluntary Arrangements, Administration of Companies, Receivership/Managership, Winding-up by the Court, Creditors’ Voluntary Winding-up,…

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The Use of ‘On’ Or ‘About’ in a Criminal Charge: Meanings, Implications and Qualifications in a Criminal Case

By: Hameed Ajibola Jimoh Esq. It is common in a criminal charge for the prosecution to frame a charge as follows using the words ‘on’ or ‘about’: for instance ‘”1st Count: That you, (1) Michael Akpegher (M) (2) Moavega Igba (M) on or about 19th October 2002 at about 17 00hrs along Gungur-Agia Road, Koshinsha…

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The Finance ACT 2021: A Brief Overview Of Its Amendments And The Attendant Implications For Doing Business In Nigeria

By Oyetola Muyiwa Atoyebi, SAN. INTRODUCTION President Muhammadu Buhari on the 31st of December, 2021, signed the 2021 Finance Bill (now Finance Act 2021) into law. Finance Act 2021 (“FA 2021”), which took effect on 1 January 2022, has introduced major changes to Nigeria’s tax and regulatory landscape. It amends the provisions of key tax legislation…

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Senate and the Copyright Bill

The proposed overhaul of the Copyright Act is in order At a time when stories of kidnapping, banditry, power failure and politics dominate the headlines, it is heartwarming to hear some good news coming from the National Assembly. The Senate recently considered and passed the bill to repeal the 34-year-old Copyright Act and replace it…

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Conflicting Ex-Parte Orders of Different Courts in Nigeria

Conflicting Ex-Parte Orders of Different Courts in Nigeria: My Humble Recommendation from the Bar as a Lasting Solution! By: Hameed Ajibola Jimoh Esq. There have been occasions in the Nigerian legal system or the court system to say where a court would make an order in an ex-parte way most especially by means of an…

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Ethical Considerations of the Sins of Counsel – Part III

by Oluwanonso In the last publication of the Ethical consideration of the Sins of the Counsel in litigation matters series, I discussed the ethical considerations of any Counsel who is blamed by his former employer for failing to carry out the instruction of filing a notice of appeal within the time prescribed by the law,…

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Ethical Considerations of the Sins of Counsel – Part II

by Oluwanonso In this edition of this Ethical consideration of the Sins of the Counsel in litigation matters series, I will examine the ethical considerations of any Counsel who is blamed by his former employer for failing to carry out the instruction of filing a notice of appeal within the time prescribed by the law,…

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Ethical Considerations of the Sins of Counsel – Part I

by Oluwanonso INTRODUCTION In my first series, I examined conflict of interests in litigation and the ethical obligations of every legal practitioner in Nigeria and reviewed the case of Agamore Energy Ltd v Essar Exploration & Production Ltd, where multiple parties have conflicting or divergent interests, the case of Samtech (Nig) Ltd & Anor v. Sanni &…

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Propriety Of The Economic And Financial Crimes Commission (EFCC) Prosecuting A Case Of Forgery Of Medical Reports Against Femi Fani Kayode

By Akintayo Balogun Esq.  On the 17th of December, 2021, the Economic and Financial Crimes Commission arraigned former Aviation Minister, Mr. Femi Fani-Kayode before Honourable Justice Abike-Fadipe following his alleged use of forged medical report(s), which had been earlier tendered before Honourable Justice Daniel Osiagor of the Federal High Court, sitting in Ikoyi, Lagos, where Mr. Fani…

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