Which of these laws governs the meetings of shareholders in a company ?
- Investment and Securities act 2007
- Companies and Allied Matters Act 2020
- Nigerian Investment Promotion Act 2004
- None of the above
Tag: George Etomi Prize
George Etomi Courtroom Mail Prize-Question 3
- A Foreign Company may apply for exemption under the Companies and Allied Matters Act if the foreign company belongs to one of the categories provided in the Act. An application for exemption pursuant to this shall be in writing addressed to:
a. Executive Secretary,Nigerian Investment Promotion Commission
C. The Registrar General,Corporate Affairs Commission
b. Secretary to the Government of the Federation
d. Minister of Commerce and Industry
2. A Company cannot empower any person either generally or in respect of specified matters through a Power of Attorney to execute deeds on its behalf.
True or False