CAC to block fraudulent applications imitating existing companies

Garba Abubakar, registrar-general of the Corporate Affairs Commission (CAC), says the agency will block suspected fraudulent applications registering new companies similar to existing ones.

 

 

Rasheed Mahe, head of media at CAC, said this in a statement issued on Sunday. 


Log in to primsol.lawpavilion.com and enjoy the best E-journals, textbooks, and many more

To subscribe to Primsol, go to store.lawpavilion.com.

For further enquiries/assistance, send an email to [email protected] or call 08050298729


According to the statement, Abubakar said CAC recorded high applications with names similar to existing ones.

He pointed out that the Commission had discontinued the issuance of certified true copies (CTCs) and replaced them with certified extracts to boost the fight against corruption.

“The commission had upon the commencement of the implementation of CAMA 2020 invoked the provision of Data Privacy and Protection Act to eliminate incidences of presenting cloned signatures to the CAC for registration purposes,” the statement reads.

“In view of the provisions of the law, the Commission discontinued the issuance of certified true copies of some documents. Certified extracts have replaced CTCs in accordance with provisions of the law.”

On the ongoing reform initiatives, Abubakar said CAC was reviewing its checklist of services and would deploy a customer relationship management (CRM) system toward resolving customer challenges in real-time.

He cautioned accredited agents against sharing their access to CAC portals with others to guard against fraud.

The registrar also revealed that the Commission had completed work on the insolvency framework and will soon expose the regulation to the public through its website.






Call Bridget Edokwe Esq on 08060798767 or send your email to barristerngblog@gmail.com



The cost of the book is Seven Thousand Naira (N7,000) only. Call 08037667945 OR 08028636615 ;  or Email:princetonedu2012@yahoo.com; bookpublishing2017@gmail.com; princetonpub.com  to get your copy.




Author: Prof Theodore Okonkwo, Ph.D
: CALL: 08065159968; 08068771923: PRICES: N100,000 (SPECIAL EDITION), N60,000.00 (UNIVERSAL EDITION)


Digital Evidence and eDiscovery Law Practice in Nigeria -By Emeka Arinze Esq. [ORDER NOW] – For book cost & placing order, visit www.decfi.com.ng/order


Steps To Subscribe To the Court of Appeal Reports Nigeria


Get ‘Personal Property Law in Nigeria’ By Chief Mike A.A. Ozekhome, SAN (FREE)

Click below to download FREE

https://www.pulp.up.ac.za/monographs/personal-property-law-in-nigeria


ADVERTISEMENT

BESTSELLER: Commercial and Economic Law in Nigeria By Chief Mike Ozekhome, SAN [ORDER NOW]

To ORDER click the link

https://kluwerlawonline.com/EncyclopediaChapter/IEL+Commercial+and+Economic+Law/COMM20210001

Leave a Reply

Your email address will not be published. Required fields are marked *