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Read more about the article DIVERSIFICATION – THE ANTICIPATIONS OF GHANA’S COMPANIES ACT, 2019 (ACT 992)
Human hand stacking generic coins over a black background with hexagonal golden shapes. Concept of investment management and portfolio diversification. Composite image between a hand photography and a 3D background.

DIVERSIFICATION – THE ANTICIPATIONS OF GHANA’S COMPANIES ACT, 2019 (ACT 992)

INTRODUCTION “Walmart leaps into TikTok acquisition fray, joining Microsoft’s bid” was The Washington Post’s 27th August 2020 online headline on news of the expression of interest by Walmart in TikTok.…

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Read more about the article DIRECTORS OF COMPANIES AND THE “OMNIBUS” DECISION-MAKING CONSIDERATION IN GHANA
A group of three multi-ethnic businesswomen in a meeting in an office boardroom, sitting at a table. One woman is using a digital tablet. The focus is on the young African American woman with her hands clasped, wearing a black suit, listening to her co-worker talk.

DIRECTORS OF COMPANIES AND THE “OMNIBUS” DECISION-MAKING CONSIDERATION IN GHANA

INTRODUCTION Directors once duly appointed in compliance with the requirements or by operation of law, become “officers” clothed with powers to act on behalf of a company and to perform…

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“DELETION OF DORMANT COMPANIES AND BUSINESSES” – AN ASSESSMENT OF THE PUBLIC NOTICE BY THE REGISTRAR-GENERAL

INTRODUCTION In June, it is estimated that three hundred thousand (300,000) companies and businesses risk deletion from the company/business registers. A B&FT news report of 19th March 2021 quoted the…

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Read more about the article COMMERCIAL LEASES AND RENT LIABILITIES – LESSONS FROM THE COVID-19 PANDEMIC
60527095 - commercial lease agreement with money on a table.

COMMERCIAL LEASES AND RENT LIABILITIES – LESSONS FROM THE COVID-19 PANDEMIC

INTRODUCTION With a public notice titled “All goods things must come to an end”, management announced that “Coco Lounge, Urban Grill and Carbon are closing their doors for the last…

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CREDITORS’ RIGHT TO THE PAYMENT OF DEBT AND THE LIMITED LIABILITY FEATURE OF A COMPANY LIMITED BY SHARES

INTRODUCTION A company limited by shares construct produces an entity bestowed with legal personality, limited liability, transferability of shares, delegated management and investor ownership according to Reinier Kraakman. Globally, these…

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IN WHOSE INTEREST SHOULD “CORPORATE PURPOSE” BE PURSUED? POINTERS FROM THE COMPANIES ACT, 2019 (ACT 992)

INTRODUCTION A company is a creation of statute implying that its form, operation and continued existence are prescriptions of law. All aspects of company formation and management are also regulated…

Continue ReadingIN WHOSE INTEREST SHOULD “CORPORATE PURPOSE” BE PURSUED? POINTERS FROM THE COMPANIES ACT, 2019 (ACT 992)

AN ASSESSMENT OF SANCTIONS AND LIABILITIES REGIMES FOR PRIVATE COMPANIES UNDER THE COMPANIES ACT, 2019 (ACT 992)

In my most recent article, I discussed the duties of directors of private companies under the Companies Act, 2019 (Act 992). However, directors are not the only officers or persons…

Continue ReadingAN ASSESSMENT OF SANCTIONS AND LIABILITIES REGIMES FOR PRIVATE COMPANIES UNDER THE COMPANIES ACT, 2019 (ACT 992)