Company Law: Directors, Meetings and Shares
ICAN Business Law

10 Company Law: Directors, Meetings and Shares practice questions covering everything you need for ICAN.

Drill Company Law: Directors, Meetings and Shares

Sample Company Law: Directors, Meetings and Shares questions

Q12025· MEDIUM

Koko Maritime Services Plc is a major logistics company listed on the Nigerian Exchange Group. Chief Alabi is an Executive Director of the company responsible for business development. In March 2023, …

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Q22025· MEDIUM

Zenith Flour Mills Plc scheduled its Annual General Meeting (AGM) for 25th November 2023 at Lagos. The company secretary dispatched the notice of the meeting on 10th November 2023 via registered post …

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Q32024· HARD

Standard Allied Products Ltd is a private limited liability company incorporated under CAMA 2020 with a minimum issued share capital of ₦10,000,000 divided into 10,000,000 ordinary shares of ₦1.00 eac…

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Q42023· MEDIUM

Apex Logistics Plc is in the process of completing its registration with the Corporate Affairs Commission (CAC). In accordance with Section 124(1) of the Companies and Allied Matters Act (CAMA) 2020, …

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Q52025· HARD

Kano Logistics Plc is being incorporated as a public limited company with a proposed initial issued share capital of 3,000,000 ordinary shares of 50 Kobo each. Based on Section 27(2)(a) of CAMA 2020 r…

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Q62021· EASY

Under Section 237(1) of the Companies and Allied Matters Act (CAMA) 2020, what is the maximum permissible time interval that must elapse between the date of one Annual General Meeting (AGM) and the ne…

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Q72024· HARD

Eko Industrial Ltd has a total paid-up share capital of ₦10,000,000 comprising 10,000,000 ordinary shares of ₦1.00 each. A group of minority shareholders wishes to requisition an Extraordinary General…

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Q82024· EASY

Under Section 283 of the Companies and Allied Matters Act (CAMA) 2020, which of the following individuals is explicitly disqualified by statute from being appointed or acting as a director of a compan…

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Q92020· MEDIUM

In accordance with Section 275(1) of the Companies and Allied Matters Act (CAMA) 2020, what is the minimum statutory requirement for the number of independent directors in a public company?

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Q102020· MEDIUM

Pursuant to Section 256(1) of the Companies and Allied Matters Act (CAMA) 2020, unless a company's articles of association provide a larger number, what is the default statutory quorum for a general m…

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