Law of Succession (Amendment) Act

Law of Succession (Amendment) Act

The Law of Succession Act has been amended by introducing new a definition and revising pre-existing definitions through the Law of Succession (Amendment) Act. Initial StatusAmendments IntroducedCommentsNo definition of “spouse”Law of Succession (Amendment)...
Startups Bill, 2020

Startups Bill, 2020

Startups Bill, 2020 and the essence?The drafters view it as a means to promote the development of start-ups by factoring in their key pain points such as incubation, access to financiers, regulatory factors. It is essentially meant to enhance a better development...
Election Laws (Party Primaries & Lists)

Election Laws (Party Primaries & Lists)

Party Primary refers to the process undertaken by a political party to elect or select its candidates for an election in line with the election laws. Essentially, a political party has the liberty to elect or select a candidate who will run for a particular public...
Corporate Restructuring

Corporate Restructuring

A company is likely to engage in corporate restructuring processes during its existence. This includes the reorganisation of the company’s share capital through consolidation or division of shares. These terminologies are under the Companies Act, particularly...
The reorganisation of Share Capital

The reorganisation of Share Capital

Alteration and consolidation of share capital – Company A company will pass an ordinary resolution to realise its rights to alter the shares of the company – share capital. The ordinary resolution may focus on one or all rights provided – subdivision; or...