Question Tag: Corporate Affairs Commission

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BL – Nov 2020 – L1 – SB – Q2a – Company Law

Advise on eligibility for company secretary, AGM notice recipients, and grounds for registration refusal by CAC.

Ronkey, Peace, and Victoria intend to register a limited liability company. They have consulted you as an expert for advice on the appointment and duties of the officers of the company as well as other issues pertaining to registration of companies.

Required:
i. Advise the three on FOUR categories of persons eligible for appointment as a company secretary.
ii. State FOUR categories of persons who will be entitled to receive the notice of the Annual General Meeting when the company is eventually registered.
iii. State FOUR grounds on which the Corporate Affairs Commission may refuse to register the documents of incorporation to be submitted for registration.

 

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BL – May 2013 – L1 – SA – Q15 – Company Law

This question tests the maximum number of days for which a proposed company name can be reserved by the Corporate Affairs Commission.

The maximum number of days for which the name of a company that is proposed to be registered shall be reserved by the Corporate Affairs Commission is:

A. 30
B. 45
C. 60
D. 75
E. 90

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BL – Nov 2015 – L2 – SB – Q2a – Company Law

List and explain four documents required for the incorporation of a company.

Any two or more persons may form and incorporate a company by complying with the requirements of the Companies and Allied Matters Act.

Required:

Briefly explain FOUR documents required to be filed with the Corporate Affairs Commission for the incorporation of a company.
(10 Marks)

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BL – Nov 2014 – L1 – SB – Q3b – Company Law

State eight documents required for the incorporation of a company at the Corporate Affairs Commission.

Persons proposing to form a company are required to present certain documents to the Corporate Affairs Commission.
You are required to state any EIGHT of the documents to be presented to the Corporate Affairs Commission for the incorporation of a company.
(Total 8 Marks)

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BL – May 2022 – L1 – SB – Q5b – Company Law

State five grounds on which the CAC may investigate the affairs of a limited liability partnership.

The Corporate Affairs Commission has the power to investigate the affairs of a limited liability partnership.

Required:
State FIVE grounds on which the CAC may investigate the affairs of a limited liability partnership.

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BL – May 2022 – L1 – SB – Q5a – Company Law

State the functions of the Administrative Committee of the Corporate Affairs Commission (CAC).

The Administrative Committee is a committee of the Corporate Affairs Commission (CAC).

Required:
State the functions of the Administrative Committee.

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BL – May 2022 – L1 – SB – Q2d – Company Law

Discuss the filing of annual returns with the Corporate Affairs Commission.

Filing of annual returns with the Corporate Affairs Commission is required of some registered businesses.

Required:
Explain the requirement for filing annual returns with the Corporate Affairs Commission.

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BL – May 2021 – L1 – SB – Q2a – Company Law

Stating four key functions of the Corporate Affairs Commission in Nigeria.

The lead regulatory agency for companies in Nigeria is the Corporate Affairs Commission, which is established by the Companies and Allied Matters Act.

Required:
State FOUR functions of the Corporate Affairs Commission.

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BL – Nov 2023 – L1 – SB – Q1c – Company Law

Discusses the statutory functions of the Corporate Affairs Commission under CAMA.

The Companies and Allied Matters Act (CAMA) established the Corporate Affairs Commission and gave it specific functions.

Required:
State FOUR functions of the Corporate Affairs Commission. (8 Marks)

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BL – Nov 2023 – L1 – SA – Q7 – Company Law

This question asks about the chairmanship of the Administrative Committee of the Corporate Affairs Commission.

The Administrative Committee of the Corporate Affairs Commission is chaired by the
A. Minister of State for Investment
B. Business Name Registrar
C. Registrar General of the Corporate Affairs Commission
D. Administrative Secretary of the Corporate Affairs Commission
E. Secretary to the Corporate Affairs Commission

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BL – May 2023 – L1 – SB – Q2B – Partnership Law

Identify contents required for registering a partnership name that is not the surnames of the partners.

Partnership names, if not the real surnames of the partners, must be registered with the Corporate Affairs Commission.

Required:
Enumerate FOUR contents of the statement to be submitted to the Corporate Affairs Commission if a partnership name is not the surnames of the partners.

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BL – May 2017 – L1 – SB – Q2a – Company Law

Details the requirements for holding an Annual General Meeting, intervals between meetings, and the necessary ordinary businesses a company must carry out.

Ajiogbe Plc has just been incorporated as a manufacturing company. It desires to uphold all laws and business ethics. Consequently, the directors have approached you for an advice on the following matters that relate to the General Meeting:

i. The maximum period within which to hold the first Annual General Meeting.
(2 Marks)

ii. The interval between one general meeting and the next.
(1 Mark)

iii. The period for which the Corporate Affairs Commission may extend the holding of an Annual General Meeting.
(1 Mark)

iv. FOUR of the Ordinary Businesses that the company must carry out.
(4 Marks)

v. Any other meeting that the company must hold urgently and the time line.
(2 Marks)

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BL – May 2017 – L1 – SB – Q1d – Company Law

Identifies reasons why the Corporate Affairs Commission may refuse to register a proposed company.

State FIVE reasons for which the Corporate Affairs Commission may refuse to register the documents of a proposed company.

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BL – May 2017 – L1 – SB – Q1c – Company Law

Provides legal advice on the registration of a business name and suitable business types for the proposal.

c. Adegoke and thirty of his friends formed an association named “Adigos 30 Partners” in 2015. Last week, all the friends met and decided to register “Adigos 30 Partners” under the Business Names provisions of the Companies and Allied Matters Act. To that effect, they have approached you for legal advice.
Required:
i. Advise Adegoke and his friends on the legality of their proposal.
(2 Marks)

ii. State THREE types of business that could fit the proposal of Adegoke and his friends.
(6 Marks)

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BMF – May 2017 – L1 – SA – Q7 – The Business Environment

Multiple-choice question on the organization responsible for registering businesses in Nigeria.

Which of the following organisations handles registration of businesses and companies in Nigeria?

A. Nigeria Enterprise Promotion Board
B. Corporate Affairs Commission
C. Customs and Excise
D. NAFDAC
E. Ministry of Industry

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BL – March July 2020 – L1 – SB – Q1 – Company Law

partnership law, and company names prohibited by CAMA.

The Corporate Affairs Commission (CAC) is the government agency that registers business names in Nigeria.

Required:
Explain briefly FIVE types of names prohibited by the Companies and Allied Matters Act (CAMA) 2004. (10 Marks)

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BL – May 2024 – L1 – SB – Q3c – Company Law

Explain four functions of the Corporate Affairs Commission (CAC). Explain four functions of the Corporate Affairs Commission (CAC).

The Corporate Affairs Commission is the statutory body that regulates the affairs of business organisations in Nigeria.
Required:
Explain FOUR functions of the Corporate Affairs Commission. (8 Marks)

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