Tag: CAC
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Court Dismisses CAN’s Suit Against CAC, Minister of Trade
A Federal High Court, Abuja has dismissed a suit filed by the Christian Association of Nigeria (CAN) against the Corporate Affairs Commission (CAC) and the Minister of Industry, Trade and Investment. Justice Inyang Ekwo, in a judgment, dismissed the suit over the failure of the plaintiff to comply with the law in the name used ... -
CAC Constitutes Administrative Proceedings Committee
The Registrar General of the Corporate Affairs Commission (‘CAC’), Alhaji Garba Abubakar, announced at a stakeholder’s forum on 13 October 2021 that the Administrative Proceedings Committee (‘APC’) has been fully constituted to fulfill its statutory mandate. The APC was introduced by Section 851 of the Companies and Allied Matters Act, 2020 (‘CAMA’) as an administrative ... -
Buhari Receives NNPC Certificate Of Incorporation, Says Company Can Compete With Global Peers
The President, Major General Muhammadu Buhari (retd.), on Friday, received the certificate of incorporation of the Nigeria National Petroleum Company Limited, saying the country expects nothing less from the Board of Directors, the Chief Executive Officer, and the Chief Finance Officer, “than the realization of a global national oil company that this nation desires and ... -
CAC Develops App For Easy Company Registration
The CAC boss emphasised that at present, 95 per cent of its registration and post-registration services were done electronically. -
Disclosure Of Beneficial Ownership Now Mandatory For Companies, Says CAC Registrar
Garba Abubakar, registrar-general of the Corporate Affairs Commission (CAC), says the commission has mandated companies to disclose their beneficial owners at the point of registration. He said this is to “entrench transparency and to support the anti-corruption initiative” of President Muhammadu Buhari administration. Abubakar disclosed this at a press briefing themed ‘Beneficial ownership register, an ... -
No Plan To Reduce Workforce In CAC – Official
The Corporate Affairs Commission (CAC) says it has no intention of reducing the commission’s workforce. The Registrar General of CAC, Alhaji Garba Abubakar disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. According to him, members of staff of the commission have remained relevant and functional. ”Before now, ... -
AUPCTRE Petitions Buhari Over Alleged Unholy Alliance Between CCB, CAC
The Amalgamated Union of Public Corporation Civil Service, Technical and Recreational Employees (AUPCTRE), an affiliate of the Nigeria Labour Congress, NLC, has petitioned President Muhammadu Buhari over what it described as a recent unholy partnership between Corporate Affairs Commission (CAC) and Code of Conduct Bureau (CCB) The petition, dated September 9, was signed by the ... -
CAC Partners CCB On Probe Of Fraudulent Companies
He asserted that this would eradicate instances of cloned identification being submitted to the CAC. -
CAC Commences Registration of LLP, LP
The name of an LLP form of business on registration will end with the word “Limited Liability Partnership” or its abbreviation “LLP”, the commission stated. -
CAC: New Business Registration Forms Will Be Available By End Of August, 2021
Abubakar said the new forms of business registration- Limited Partnership (LP) and Limited Liability Partnership (LLP) were becoming increasingly desirable across various jurisdictions around the globe.