THE JUNE 30TH 2020 DEADLINE FOR ALLOTTING THE UNISSUED SHARES IN THE SHARE CAPITAL OF A COMPANY – UPDATED
Since the coming into force of the Companies and Allied Matters Act, 2020 (CAMA 2020), it has been in the public domain that companies can no longer reserve or leave some of the shares in their share capital unallotted. This practice of unallotted or to be précised unissued share capital […]