Corporate & CAC Law
Can a Company Sues an Ex-Director for Starting a Competing Business in Nigeria?
Yes. A company can sue a former director who uses corporate trade secrets, client databases, or commercial opportunities diverted from the company...
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Corporate & CAC Law
Practical insights into corporate governance, director fiduciary duties, shareholder dispute litigation, post-incorporation annual returns, and statutory compliance under CAMA 2020.
Corporate & CAC Law
553 articles
Corporate & CAC Law
Can a Shareholder Sue Their Own Company in Nigeria?
Yes. A shareholder can sue their own company in Nigeria under specific circumstances, including where the company’s directors have acted fraudulently, oppressively,...
Corporate & CAC Law
Legal Guide: Can a Commercial Bank Honor a Forged Signature on a Corporate Cheque and Deduct Company Funds?
No, a bank is strictly liable to refund forged cheque debits under the Bills of Exchange Act. Under Nigerian law, particularly within...
Corporate & CAC Law
Can Two Directors Secretly Remove a Third Director from a Company Without Notice or a Board Meeting in Nigeria?
No. Secretly removing a fellow director without formal written notice, a properly convened general meeting, and an opportunity for the director to...
Corporate & CAC Law
Can One Single Person Own 100% Shares and Be the Sole Director of a Private Limited Company (Ltd) in Nigeria?
Yes. Under the Companies and Allied Matters Act (CAMA) 2020, an individual can register, incorporate, and operate a private company limited by...
Corporate & CAC Law
Can the Corporate Affairs Commission (CAC) Strike Off and Delete My Registered Business Name if I Stop Using It?
Yes. The Corporate Affairs Commission (CAC) possesses statutory powers under Section 591 and Section 692 of the Companies and Allied Matters Act...
Corporate & CAC Law
Can a Church or NGO Register with CAC Without Publishing a Notice in National Daily Newspapers?
No. Under Section 828 of the Companies and Allied Matters Act (CAMA) 2020 and CAC registration guidelines, every non-governmental organization (NGO), church,...
Corporate & CAC Law
Can Company Creditors Sue Me Personally for Company Debts if My Limited Company Goes Bankrupt?
No, not under normal circumstances. Under the celebrated legal doctrine of corporate personality established in Salomon v. Salomon and enacted under Section...
Corporate & CAC Law
What Remedies Exist for Victims Suffering Financial Loss from CAC Striking Off Inactive Registered Companies from the Companies Register in Nigeria?
In Nigerian contemporary legal practice, disputes arising from cac striking off inactive registered companies from the companies register represent one of the...
Corporate & CAC Law
Legal Guide to Restraining Ultra Vires Board Actions Under Nigerian Law
In Nigerian contemporary legal practice, navigating disputes surrounding restraining ultra vires board actions represents an essential area of law directly impacting individual...