Daily Law Tips By Onyekachi Umah,Esq. (Tip 66)

One person cannot form and own a company. Only 2 or more persons
can form a company in Nigeria. An infant can be a shareholder in
company where there are 2 or more other adults. An infant can never
be a director in a company. An infant is a person that less than 18
years of age.

See sections 18, 20, 80 and 257 of Companies and Allied Matters
Act.

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One person cannot form and own a company. Only 2 or more persons
can form a company in Nigeria. An infant can be a shareholder in
company where there are 2 or more other adults. An infant can never
be a director in a company. An infant is a person that less than 18
years of age.

See sections 18, 20, 80 and 257 of Companies and Allied Matters
Act.

#DailyLawTips
#LearnNigerianLaws
#SabiLaw

To receive our Daily Law Tips for free follow our Facebook page,
Twitter or Instagram via “LearnNigerianLaws”

Powered by www.LearnNigerianLaws.com