On 15 May 2018, the 8th Senate considered and passed the Companies and Allied Matters Act (Repeal and Re-enactment) Bill, 2018 (the Bill) after its third reading. The Bill was the result of a collaborative effort among the Senate and key stakeholders in the business community.
There is cause for excitement, as the wide reaching consultations that have underpinned this attempt to repeal and re-enact an act as significant as the Companies and Allied Matters Act, 1990 (CAMA) is welcome.
