23
Apr 20
Holding of Annual General Meetings by Public Companies During the Covid-19 Pandemic an Appraisal of the Cac and Sec's Reactions
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With the advent of the coronavirus disease (“COVID-19”) and the resultant social distancing advice by the World Health Organisation (“WHO”), corporate gatherings such as Annual General Meetings (“AGMs”), amongst other business operations, have been affected worldwide.
To this end, this article reviews the steps put in place, by the Corporate Affairs Commission (“CAC”) and the Securities and Exchange Commission (“SEC”), for Nigerian registered public limited liability companies (“PLCs”) to hold their AGMs during the COVID-19 pandemic.