Section 379 CAMA 2020 Section 379 Companies and Allied Matters Act is about Group financial statements of holding company. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) If, at the end of a year a company has subsidiaries, the directors shall, as well as preparing individual accounts of…

Section 378 CAMA 2020 Section 378 Companies and Allied Matters Act is about Form and content of individual financial statements. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) The financial statements of a company prepared under section377 of this Act, shall comply with the requirements of the First…

Section 377 CAMA 2020 Section 377 Companies and Allied Matters Act is about Directors’ duty to prepare annual accounts. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) In the case of every company, the directors shall, in respect of each year of the company, prepare financial statement for…

Section 376 CAMA 2020 Section 376 Companies and Allied Matters Act is about Penalties for non-compliance with sections 374 or 375. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) If a company fails to comply with any provision of section 374 or 375 (1), every officer of the…

Section 375 CAMA 2020 Section 375 Companies and Allied Matters Act is about Place,duration and form of records. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) The accounting records of a company shall be kept at its registered office or such other place in Nigeria as the directors…

Section 374 CAMA 2020 Section 374 Companies and Allied Matters Act is about Companies to keep accounting records. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) Every company shall cause accounting records to be kept in accordance with this section. (2) The accounting records are sufficient to show…

Section 373 CAMA 2020 Section 373 Companies and Allied Matters Act is about Savings for legal practitioners and bankers. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. Nothing in this Part requires disclosure to the Commission or to an inspector appointed…

Section 372 CAMA 2020 Section 372 Companies and Allied Matters Act is about Power to impose restrictions on shares,etc. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Where, in connection with an investigation under section 369or 371, it appears to…

Section 371 CAMA 2020 Section 371 Companies and Allied Matters Act is about Power to require information as to persons interested in shares, etc. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Where it is made to appear to the…

Section 370 CAMA 2020 Section 370 Companies and Allied Matters Act is about Provisions applicable to investigation. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) For the purposes of any investigation under section 369, the provisions of sections 359-363 apply…