ADOPTION IN RIVERS STATE
The joy and expectation of every couple is to have child or children as the case maybe but if nature or circumstance detects otherwise, there are other ways of getting around it. One of such ways is adoption of children. Adoption of children is one of the legal ways one can get a child. It
Read MoreCompany Compliance and work Ethics
What is Company or Corporate compliance and work ethics? Corporate compliance and ethics refer to the systems, policies, and practices that organizations put in place to ensure they operate within legal and ethical boundaries. It involves adhering to laws, regulations, industry standards, and internal policies, as well as promoting a culture of integrity and ethical
Read MoreDEFENSES TO CONTRACT ENFORCEMENT
Having known what a contract is and the elements of a valid contract together with types of contracts. In this post will discuss some defenses to contract. Defenses to enforcement of contract are legal arguments or reasons that a party may raise to avoid or limit their obligations under a contract. These defenses may render
Read MoreWHAT IS CONTRACT?
Contract is a fundamental aspect of civil law that governs the formation, interpretation, and enforcement of agreements between parties. In this blog we will discuss the types of Contract and components of contact agreement in Nigeria. Formation of Contracts: Contract formation involves the process of creating a legally binding agreement between two or more parties.
Read MoreHow to Change a Proprietor of an Enterprise in Nigeria
Business Name popularly known as ‘one man Business or Enterprise’ is the least, the easiest and the cheapest entity registration under our Company Law. The Company and Allied Matters Act regulates the registration of any form of Entity in Nigeria. The Government body saddled with the responsibility of such registrations in Nigeria is the Corporate
Read MoreMinimum Share Capital for Companies in Nigeria
Below is a comprehensive list of the minimum share capital of Companies. Before you register that Limited Liability Company, it is advisable to check out this list to avoid double expenses. Minimum Share Capital is the least capital base of a company as required by the Law. The Share Capital of a company is the
Read MoreObtaining Police Clearance Certificate in Nigeria
In times like this, when many people are desirous of leaving the country because of economic hardship or in furtherance of their education or to seek greener pasture, there are many things required by law from them and one of such is obtaining a Police Clearance Certificate. In this article we are going to explain
Read MoreHow to Register an Incorporated Trustee with CAC in Nigeria
Registering an Incorporated Trustee with CAC in Nigeria is not much difference with other entities. Incorporated Trustees is provided for in the Companies and Allied Matters Act 2020 (CAMA). It is classified under PART C of CAMA and the sections that talked about it extensively is Sections 590-596. The CAMA defines Incorporated Trustees in Sec
Read MoreAnnual Returns Filing Fees for Entities in Nigeria
Once an entity is registered with the Corporate Affairs Commission after 18 months such an entity is expected to start paying her Annual Returns. We have received calls and mails over the fees for each entity known in the Nigerian Company Law, hence this write-up For a Business Name (Enterprise), the Annual Returns fee is
Read MoreHow to update your Memorandum and Article of Association
A Memorandum of Association is a legal statement signed by all the initial shareholders while the Article of Association is a written rules about the company agreed by the shareholders. In registering a company in Nigeria, theses 2 document are part of the documents that forms document of incorporation. Before this time, the Memorandum and
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