FOLASHADE ALLI & ASSOCIATES

We are a passion-driven law firm dedicated to providing innovative solutions.
FAA has delivered quality legal service to clients for nearly two decades.

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Our Principal Partner, Mrs Folashade Alli will be speaking at the IPLAN training for the Opposition Tribunal of the Nigerian Trademark Registry

Date: 29th April, 2021
Time: 10am
Register using the link in the flyer.

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premises and filling board vacancies. Furthermore, beyond the requirements of notification, as exists under CAMA, most of such post accreditation/incorporation matters are subject to the discretionary approval of the NHIS under the Guidelines. #FAA_law #Faa

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The post accreditation/incorporation procedures under the CAMA allow companies to implement changes to a host of matters and components of the company operations and identity provided such changes are duly authorized by the board and shareholders

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and are duly registered with the CAC. However, the NHIS guidelines supplement those procedures with the requirement of notifying the NHIS at the point of initiating and completing changes such as relocation of office, creation of charges/debentures,

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The NHIS Guidelines increase the shareholder and board membership to 7 respectively and stipulates additional academic, professional and work experience criteria for Principal Officers( directors and secretaries) in furtherance of CAMA’s requirements. #FAA_law #Faa

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With respect to the number and criteria for membership and directorship, the NHIS Guidelines also exceed the minimum requirements of CAMA. CAMA stipulates a minimum of 2 members and 2 directors for companies (private/small companies exempted).

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Also, persons are eligible to hold shares or be members of the board provided they are sane, solvent and have no criminal convictions (S.283).

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provision of insurance cover for indemnity and fidelity guarantee, specific share capital thresholds, disclosure of details of ownership and the resumes of principal officers.#FAA_law #Faa

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Under CAMA 2020, incorporation requires the completion and filing of the requisite incorporation documents (S.36) . However, the NHIS Guidelines set out more extensive requirements for the accreditation in addition to incorporation including;

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However, the NHIS Guidelines set out more extensive requirements for the accreditation in addition to incorporation including; provision of insurance cover for indemnity and

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Last week we began our discussion on the “The interplay between law and regulation in the health sector”. We will be following it up this week with highlighting specific areas where the NHIS Guidelines complements and augments the Companies and Allied Matters Act. #FAA_law #Faa

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Folashade Alli & Associates celebrates World IP Day! Lets take our ideas to the market. #FAA_law #Faa #FolashadeAlli

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The NBAWF is a forum of female lawyers committed to the well being of women globally and have resolved to empower female lawyers for success.

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Congratulations to our Principal Partner, Mrs. Folashade Alli FCIArb, C.Arb, on her appointment as Head, Advocacy Committee, Nigerian Bar Association Women Forum (NBAWF).
#FAA #FolashadeAlli #NBAWF #NBA

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This series will dwell, in detail, on the procedures, governance requirements and the effect of the reforms and innovations of the Companies and Allied matters Act (as amended) on the sector. #FAA #FAAKnowledgeSeries #FAA_law

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Legislation and regulation are critical components of the governance and administrative framework in every sector of economic activity.

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For the purpose of this series, we shall focus on the Companies and Allied Matters Act 2020 (as amended) and the National Health Insurance Scheme Operational Guidelines 2012 as principal regulatory instruments in the health sector.

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We are introducing...#FAAKnowledgeSeries

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Have a blessed and wonderful Easter from all of us at Folashade Alli & Associates.
#FAA #Easter #FAALAW #Folashadealli