Current developments in derivative actions under the Nigerian company law

Please use this identifier to cite or link to this item: http://ir.library.ui.edu.ng/handle/123456789/3495

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DC Field	Value	Language
dc.contributor.author	Aina, K.	-
dc.date.accessioned	2018-10-23T14:54:11Z	-
dc.date.available	2018-10-23T14:54:11Z	-
dc.date.issued	2014	-
dc.identifier.issn	1115-1277	-
dc.identifier.other	The Justice Journal 6, pp. 147-172	-
dc.identifier.other	ui_art_aina_current_2014	-
dc.identifier.uri	http://ir.library.ui.edu.ng/handle/123456789/3495	-
dc.description.abstract	This paper examines the process laid down by the Companies and Allied Matters Act (CAMA) 2004for bringing a Derivative Action by minority shareholders in Nigeria. The basis for the action is the exceptions to the rule in Foss v Harbottle and the need to ensure that fraudsters who are in control of the company’s machinery for filing action in the name of the company do not use the opportunity to enrich themselves to the detriment of the company. The procedure laid down in the CAMA as well as the restrictive interpretation of the law by the Supreme Court in Nigeria is analysed and the way forward suggested.	en_US
dc.language.iso	en	en_US
dc.publisher	Federal Ministry of Justice	en_US
dc.title	Current developments in derivative actions under the Nigerian company law	en_US
dc.type	Article	en_US
Appears in Collections:	scholarly works

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