Commencement Order Published
On 12 November 2024, the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 (the “2024 Act”) was signed into law by the President. The 2024 Act includes some of the most significant updates to the Companies Act 2014 since its enactment.
Subsequently, the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 (Commencement) Order 2024 was published on 22 November 2024, and provided that certain sections of the 2024 Act will have a commencement date of 3 December 2024.
We are currently working on a briefing document to address the various changes and this will be circulated in the near future.