DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 246)
“HOW TO DETECT AUTHENTIC DOCUMENTS MADE BY A COMPANY”

Documents including receipts, contracts and appointments from a company are often falsified, there by throwing third parties into doubts when transacting with companies. A document from a company which requires authentication must be signed by director, Secretary or any other officer of such company with or without seal of the company.

My authorities are sections 77 and 696 of the Companies and Allied Matters Act, 1990.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 159)
“Unlike A Company, A Business Name Cannot Own Land In Nigeria”.

Like a human being, a company is a corporate being that can own property, sue and be sued. A business name is neither a human being nor a corporate being that can own, acquire, maintain and sell a land or landed property in any part of Nigeria.

My authority is section 37 of Companies and Allied Matters Act.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 153)
“A Minor Can Be A Shareholder But Not A Director In A Nigerian Company.”

A minor is one who is less than 18 years old. Such a person can be a shareholder in any company so far as they are at least 2 other shareholders who are adults. A minor can never be a director in any company in Nigeria. Directors see to the day to day running of a company and a minor obviously can’t handle such tasks.

My authorities are sections 20, 80 and 257 of the Companies and Allied Matters Act.

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"NIGERIAN BUSINESSES AND THE NEED FOR CORPORATE, COPYRIGHTS, TRADE MARKS, INDUSTRIAL DESIGNS AND PATENTS REGISTRATIONS"

 By 

ONYEKACHI UMAH, ESQ., LL.M, ACIArb(UK)

This email address is being protected from spambots. You need JavaScript enabled to view it.,08037665878

Founder, LearnNigerianLaws.com

Convener, Sabi Law Lecture Series

 

DELIVERED ON THURSDAY, 18 JULY 2018

AT THE MEETING OF THE ROTARY CLUB OF ABUJA METRO (MEGA CLUB)

7th SABI LAW LECTURE SERIES.

 

 

LECTURE CONTENTS:

  1. šProfile of OnyekachiUmah
  2. šForms of Business in Nigeria
  3. šCorporate Registration of Businesses in Nigeria
  4. šBenefits of Corporate Registration of Businesses in Nigeria
  5. šRegistration of Copyrights, Trade Marks, Designs and Patents of Businesses
  6. šBenefits of Copyrights, Trade Marks, Designs and Patents Registration.
  7. šAgencies For Corporate, Copyrights, Trade Marks, Designs and Patents Registration.

 

Full text of this lecture can be downloaded via the link below in PDF and PowerPoint formats.  

THE LINKS ARE AFTER THE COMMENT BOX, BELOW. 

 

 

DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 75)

Any person whether educate or not, can be appointed a company secretary of a private limited company. Only lawyers, chartered secretaries and accountants or their firms or former secretaries of public companies with 3 years experiences within 5 years before appointment can be a company secretary of Public Company.

See section 295 of Companies and Allied Matters Act.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 73)

When Company directors are appointed, resolutions of same are to be filled in Corporate Affairs Commission (CAC). It is an offence for a company to presents a person as a director without such person being appointed as director. It is punishable with a fine of #1000 for each day the company held out such fake director.


See section 244(4) of Companies and Allied Matters Act.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 69)

You close down a company by winding-up, close down a business name by cessation (removal of business name from Register of business names) and you close down churches, clubs, NGOs and other trustee by dissolution.

See sections 401, 578 and 608 of Companies and Allied Matters Act.


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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 66)

One person cannot form and own a company. Only 2 or more persons can form a company in Nigeria. An infant can be a shareholder in company where there are 2 or more other adults. An infant can never be a director in a company. An infant is a person that less than 18 years of age.

See sections 18, 20, 80 and 257 of Companies and Allied Matters Act.

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DAILY LAW TIPS
by Onyekachi Umah,Esq.
(Tip 54)

A business name needs not to be registered with the Corporate Affairs Commission (CAC) where such name only shows that the business is conducted in succession or it contains only surname of 2 or more partners with same surnames added letter “s”. For example “ONYEKACHI UMAH & SONS” and “UMAH’S”.

See, Section 573(2) of the Companies and Allied Matters Act.

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NO MAN IS AN ISLAND says a cliché; no wonder man will always need man to survive perfectly. Man is a rational being that needs the calculated aid of his follow beings to perfect his environment and achieve desirable varying goals. Consequently man and his brothers, sisters, relatives, friends, associates, colleagues, mates, well-wishers and neighbours often do come together to form and cement a common platform and frontier to protect and project their own interest and belief and that of their community at large. Such formations often give rise to several cultural associations, religious bodies, clubs, social association, educational bodies, sporting association and charitable bodies (NGOs). Unlike in the past days of military regime, today the 1999 Constitution of the Federal Republic of Nigeria provides safeguards and promotes our inalienable Right to Associate, in Nigeria.

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