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ON THE CORPORATE AFFAIRS COMMISSION DIRECTIVE TO COMPANIES TO ALLOT ALL UNISSUED SHARES

For Leaders of Companies:

There was a regulatory directive to companies to allot all their shares by December 31, 2022. The directive stated further that all shares still unissued after the deadline would remain unrecognized as part of the company's share capital until fully issued or the company should otherwise reduce their share capital accordingly.

Kindly note that for affected companies i.e. those with yet to be allotted shares, penalties have been accruing on a daily basis since January 1, 2023.

Leaders of Limited Liability Companies wish unallotted shares should act as soon as possible to issue all shares and hence limit the amount of penalties which they would have to part with to the Corporate Affairs Commission.

Further enquiries are welcome.

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Anyone who drinks the water I give will never be thirsty again.

The water I give will be like a spring flowing inside them.

This spring within them brings life which is permanent - life which never ends.

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On The Tenancy Agreement & Its Real Purpose

During negotiations on tenancy rates between prospective tenants and the agents marketing to them, the phrase “agreement and commission” invariably features.

Regarding the ‘agreement’ aspect of that phrase, it should be noted that this fee is not a meaningless statutory charge always payable along with rents. Many  pay agreement fees along with their rents without an understanding of its purpose, rather considering it merely a compulsory part of the rent package.

It’s crucial, however, to realize that this fee has a definite purpose.

Here is What Really Ought to Obtain

Upon paying the agreement fee, the tenant is entitled to a tenancy agreement document. This document is essential, and by no means superfluous.

It outlines the terms of the tenancy, including rights & responsibilities of both landlord and tenant, as well as eviction protocols, and tenancy termination modalities.

The tenancy agreement comprehensively details the conditions of the tenant’s and landlord’s relationship.

In summary, as soon as any intending tenant is billed for agreement and commission, it becomes imperative to request the tenancy agreement document.

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https://www.linkedin.com/posts/adeolakolawole_legal-startups-founders-activity-7052379445319413760-ozDC?utm_source=share&utm_medium=member_ios

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Hi guys ! You’re now more than 1700 to follow this blog, so thanks to each of you, that’s really amazing !!!!

I’m currently working on characters designs for the next chapter :) !

Thank you wonderful people !!!!

(Here’s a little pic of Melkor)

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Here is a kind of “master post” with the full Silmarillion Comic’s first chapter : Ainulindalë ! Again, thanks to all of you guys for the support, I’ll soon be working on how to continue this comic project, and to start next chapter !! :D

My main art blog : Sora Niizu !

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