In Today’s Friday Read, we will be looking at the section from the Companies Act on the “Duties of a Company Secretary” in the Company Act, 2019 Act 992 (“the Act”). In accordance with section 211 of the Act the duties of a Company Secretary include: assisting the...
Sections 126 (1) of the Companies, Act 2019 (Act 992) states that: A company shall, at least once in every year, deliver to the Registrar for registration an annual return including particulars of every member of the company, and every beneficial owner of that company...
In Today’s Friday Read, let’s look at “Sale of food under insanitary conditions” according to the Public Health Act, 2012 Act 851 (“the Act”). In accordance with section 52(1) food shall be sold in specific hygienic conditions, in order to ensure public health for...
The E-levy, fully defined as the Electronic Transfer Levy Act, 2022 (Act 1075) imposes a levy on transfers carried out electronically through an institution or a platform such as banks, MTN Momo, Zeepay and specialized deposit-taking institutions like the rural banks...
The Act regulate the exchange of foreign currency, international payment transactionsand foreign exchange transfers; to regulate foreign exchange business and other relatedmatters.The Act provides that Bank of Ghana (“BOG”) is the licensing, regulatory and supervisory...
In part I of our “Domestic Violence”, we made mention to the fact that the Act provides a framework in regards to the protection from domestic violence particularly for women and children, it does not however mean that Men are excluded.In Today’s Friday Read, we will...
The Bank of Ghana (“BoG”) has overall supervisory and regulatory authority over all banking and non- banking financial businesses. The regulatory and legal framework within the banking and finance industry is governed by the Banks and Specialised Deposit-Taking...
Land title registration in Ghana is the process by which the Land Registry, which is under the jurisdiction of the Lands Commission records land titles and interests in land to establish legal ownership by this, the state endorses a person’s ownership of land and...
Prenuptial agreement (“Prenup”) for short is usually a contract entered into by two people before they are married. Prenup usually sets out each spouse’s entitlement to the distribution of property upon dissolution of marriage. In short, parties decide on how their...
WHAT A RESOLUTION IS?THE TYPESIn Ghana, special resolutions and written resolutions are similar in purpose, yet different in process. Meaning that though resolutions are decisions taken by shareholders for the future of the company, medium by which they are taken...