Merger and Acquisition of Companies.
DID YOU KNOW THAT?
Upon Merger/Acquisition of companies, the name of the new merged company must as a matter of law be registered at the Corporate Affairs Commission.
Section 237 of Companies and Allied Matters Act (CAMA) LFN 2004 provides for the registration of copies of every resolution or agreement with the Corporate Affairs Commission. This means that merged companies have regulatory obligations to the Corporate Affairs Commission.
Section 29 of the Act provides for incorporation of names of Companies.
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