KIULJ Volume. 6, Issue 2 (2024)

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Contributor(s)

Irene Airen Aigbe & Nicholas Enorense Osarumwense
 

Keywords

Company Constitution Memorandum of Association Article of Association Content and Alterations.
 

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A review of company’s constitution, content and its alterations under CAMA 2020

Abstract: The Companies and Allied Matters Act 2020 provides for documents which must be delivered to the Corporate Affairs Commission before a company can be registered in Nigeria. These documents include the Memorandum and Article of Association. The Memorandum of Association together with the Article is referred to as the Constitution, regulating its internal and external affairs. This study examined the provisions of The Companies and Allied Matters Act 2020 that regulates the content of the Memo and Article in the registration and management of companies in Nigeria. It further discussed the implications for compliance or non-compliance and subsequent procedures for alterations under the Act. Adopting the doctrinal research methodology, the study revealed that the requirements for the Memo and Article under CAMA 2020 is intended to meet the expectations of standard regulation of companies in Nigeria. However, enforcement gaps have limited the efficacy of the Memo and Article of Association in company management.
 
 
 

Kampala International University Law Journal (KIULJ), ISSN: 2519-9501, 2025 | All Articles