Document background
Corporate Minutes are essential documents in Nigerian corporate governance, required by law to record official company meetings and decisions. These minutes must be maintained in accordance with the Companies and Allied Matters Act (CAMA) 2020 and related regulations. They serve as the primary legal evidence of corporate decision-making, documenting everything from routine operational decisions to major strategic changes. Corporate Minutes are used to record board meetings, annual general meetings, extraordinary general meetings, and committee meetings, providing protection for directors and officers by demonstrating proper corporate governance and decision-making processes. They are particularly crucial for regulatory compliance, audit purposes, and potential legal proceedings, where they may be required as evidence of corporate actions and decisions.
