PROCEDURE FOR DISSOLVING AN INCORPORATED TRUSTEE/FOUNDATION/NGO IN NIGERIA
The procedure for dissolving or closing down an Incorporated Trustee or Non-profit organization in Nigeria is outlined under Section 850 of the Companies and Allied Matters Act 2020 (CAMA). Organizations falling under this category include Churches, Non-governmental organizations, Foundations, and Associations. Here is a detailed breakdown of the process: Petition for Dissolution: A petition can […]
LEGAL DUE DILIGENCE PROCEDURES IN NIGERIA
Legal due diligence in Nigeria involves thoroughly reviewing, investigating, and evaluating all legal risks associated with a target company before finalizing a business transaction, investment, or purchase of real estate. This due diligence process includes searching relevant locations, documents, and interviewing employees to uncover any liabilities related to the deal. Conducting comprehensive due diligence […]