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PROMOTERS OF NIGERIA LAW SOCIETY FACE PROSECUTION FOR COMMENCEMENT OF OPERATIONS WITHOUT CAC REGISTRATION 

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August 16, 2024
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PROMOTERS OF NIGERIA LAW SOCIETY FACE PROSECUTION FOR COMMENCEMENT OF OPERATIONS WITHOUT CAC REGISTRATION 
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The Corporate Affairs Commission has requested the Attorney General of Federation’s Fiat to Prosecute promoters of Nigeria Law Society.

 

In a letter sighted by this medium the CAC sought the AGF’s consent as provided by section 174 of the 1999 constitution pursuant to section 104 sub-section 2 of the criminal justice act 2015.

 

In the letter signed by the Registrar-General/CEO CAC, Hussaini Ishaq Magaji, SAN, the Commission to requested for formal consent to generally prosecute criminal offences committed under the Companies and Allied Matters Act No. 3 of 2020.

 

It added that the request was coming under Section 104 sub section 2 of the Administration of Justice Act, 2015.

 

The CAC expressly stated that the Trustees of the Nigeria Law Society commenced operational activities without registration in direct violation of section 863 (2) of the Companies and Allied Matter Act, 2020.

 

Attaching ample evidence of such violations, the Commission maintained that prosecuting promoters of the NLS would check high level of forgeries and frauds committed in corporate administration.

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