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ZMB-2017-L-107880
Breadcrumb
Title_of_text
Companies Act, 2017 (No. 10 of 2017).
Main Region
First Region
Country(ies)
Zambia
Subjects (Classification)
Civil, commercial and family law
Adopted on (Date of text)
2017-11-20
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
An Act to promote the development of the economy by encouraging entrepreneurship, enterprise efficiency, flexibility and simplicity in the formation and maintenance of companies; provide for the incorporation, categorisation, management and administration of different types of companies; provide the procedure for the approval of company names, change of name and conversion of companies; provide for shareholders‘ rights and obligations, the conduct of meetings and the passing of resolutions by shareholders; to encourage transparency and high standards of corporate governance by providing for the functions and obligations of company secretaries and directors; provide for issue of shares, share capital requirements, procedures for alteration and reduction of share capital and disclosure requirements of companies; provide for the public issue of shares, the issue and registration of charges and debentures; incorporate financial reporting provisions, maintenance of accounting records, and access to financial information of companies; provide for amalgamations; provide for the registration of foreign companies doing business in Zambia; provide for the deregistration of companies; repeal and replace the Companies Act, 1994; and provide for matters connected with or incidental to the foregoing.
Monograph region
Monograph title
Printed Separately
Publisher
International Labour Organization
Date
2019
File
F-398269767/ZMB107880.pdf (PDF)