COMPANIES AND ALLIED MATTERS ACT, 2020

Section 759: Penalty for improper use of words, limited liability partnership or LLP.

2020Section 759 of 870Federal Republic of Nigeria

Where a person carries on business under a name or title of which the words “Limited Liability Partnership” or “LLP” or any contraction or imitation is or are the last word or words, that person or each of those persons shall, unless duly incorporated as limited liability partnership, be liable to a penalty in the amount as the Commission shall specify in the regulation.

Cite this section

Section 759, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/759/