Publications

Non est factum

The literal meaning of this phrase means it is not my deed is a defence invoked in contract law to escape an effect to a signed document.In the instance of an agreement involving two or more parties, a party can invoke the non est factum as a defense against the...

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Meaning of Directors

In Today’s Friday Read, let’s look at the meaning of “Directors” from the Companies Act, 2019 Act 992 (“the Act”) perspective. For the purposes of this Act “directors” means those persons, by whatever name called, who are appointed to direct and administer the...

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Legal Due Diligence

Let’s start by defining Legal Due Diligence. Legal Due Diligence is simply the process by which legal documents and information relating to a target company are collected and assessed. Furthermore, Legal Due Diligence can be defined as a study of a target company in...

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Divorce

In Today’s Friday Read, we will be looking at “Divorce” in the Matrimonial Causes Act, 1971 (“the Act”). According to Merriam-Webster dictionary, Divorce is the legal dissolution of one’s marriage. In accordance with the Act, the sole ground for granting a petition...

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Company Secretary

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...

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Annual Returns

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...

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Sale of food under insanitary conditions

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...

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E-levy write up

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...

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Foreign Exchange Act, 2006 (the “Act”)

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...

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