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Court Of Appeal Affirms Federal High Court Judgment Regarding Single Shareholder Structure For Private Companies Incorporated Pre-CAMA 2020
In a unanimous decision handed down on June 10, 2026, the Court of Appeal affirmed the judgment of the Federal High Court that Section 18(2) of the Companies and Allied Matters Act, 2020, as amended (“CAMA 2020”)  which permits private companies to have a single shareholder, applies to ALL private companies, whether incorporated before or after CAMA 2020.
Nigeria Commercial
BI
Banwo & Ighodalo
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