Category: Company Law
Liquidation: Whether Or Not The Liquidation Of A Licensed Insurance Company In Ghana Can Be Commenced By An Originating Motion On Notice
Author:Vanessa Awurabena Davis Esq, AB Lexmall & Associates Introduction The High Court, Accra, has ruled on the legality of commencing the liquidation of a licensed ... Read More
Treatment of Shareholders’ Unclaimed Dividends Under the Companies Act 2019, (Act 992) and the Constitutional issue that Arises!
Voice Summary: Introduction Businesses, be it Limited Liability Companies, Sole Proprietorships, Partnerships etc in Ghana like elsewhere exist with the aim of maximizing profit. Shareholders ... Read More
Insolvency and Arbitration: An Analysis of Ghana’s Alternative Dispute Resolution Act, 2010 (Act 798)
1.Introduction Conflict has become accepted as part of human engagements and endeavours. When conflict arises, the disposition of the parties involved in it is to ... Read More
Stealing from Your Own Company: The Defence of Consent in Criminal Prosecution of Controllers of Collapsed Companies.
1.Introduction It is trite that companies are separate from their shareholders, directors and key management personnel (“controllers”). A company’s property does not belong to its ... Read More
The Death of the Statutory Corporation
The statutory corporation went on quietly to the ancestors without the usual Ghanaian fanfare. There was no one to sing of its former glory at ... Read More
Are the Directors of the Failed Banks in Serious Trouble?
The conversation relating to the August 1, 2018 announcement of the ‘collapse’ and so-called ‘consolidation’ of the five bankswent from taking stock of the intensity ... Read More
What, in Law, has Happened to the Five Collapsed Banks?
While the majority of players and stakeholders in the financial space welcome the recent Bank of Ghana (BOG) intervention regarding the recent the ‘collapse’ of the five ... Read More
Can the government dissolve the GFA?
On June 7, 2018, the Government through its Minister of Information issued a press release stating that the “…Government has decided to take immediate steps ... Read More
Unibank vs UT Bank and Capital Bank: Spot the Difference?
The Bank of Ghana (BOG) on March 20, 2018, appointed KPMG as “official administrator” of Unibank Ghana Ltd (“Unibank”). According to the BOG, the appointment ... Read More
Did The Minister for Finance Flout Corporate and Banking Rules for Political Interests?
The Minority in Parliament on 5 September 2017 gave a press release with respect to an approval given by the Minister of Finance (“Minister”) concerning ... Read More