On 19.6.2015 the Companies Law(Amending) (No 4) Law of 2015, [N89(I)/2015] was published in the Official Gazette of the Republic. The Amendment Law aims at the modernisation of Companies Law via interalia, streamlining the process of registration and strengthening the enforcement powers of the Registrar to ensure adequate updating of information and de-registration of non-compliant companies.
Some key provisions and modernising existing procedures. The amendments include:
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