Court of Appeal Upholds Ruling Against CAMA 2020 Sections
The Court of Appeal in Abuja affirmed a Federal High Court judgment that nullified specific sections of the Companies and Allied Matters Act (CAMA), 2020, which were deemed to infringe on the fundamental human rights of Nigerian citizens. The unanimous judgment, delivered by Justice Donatus Okorowo and two other justices, dismissed an appeal by the Corporate Affairs Commission (CAC) challenging the earlier ruling by Justice James Omotosho on April 18, 2023.
The suit was initiated by constitutional lawyer Emmanuel Ekpenyong Esq. against the National Assembly, CAC, and the Attorney-General of the Federation, claiming that Sections 839, 842, 843, 844, 845, 846, 847, 848, and 851 of CAMA violated his rights. The court found that the powers granted to the CAC were excessive and inconsistent with the Constitution, leading to the sections being declared null and void.
The CAC's appeal was filed on May 25, 2023, and the certified true copy of the judgment was made available on October 3, 2026.
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