Incorporated Companies’ and the Need for Privacy and Confidentiality of Information

Open Access

Year : 2023 | Volume :4 | Issue : 1 | Page : 23-29
By

Adetutu Deborah Aina-Pelemo

  1. Redeemer’s University Ede, Osun-State Nigeria

Abstract

A company is the process by which two or more person with common goals come together to form business and have given such business legal personality via its incorporation. The regulation and formation of companies in Nigeria is regulated by the Corporate Affairs Commission through the Registrar-General. However, since its formation, the issue of privacy and confidentiality has received little or no attention bearing in mind the accessibility to public records of registered companies at the Corporate Affairs Commission. The easy accessibility of companies’ documents by the public has created reasons for the author to undertake the instant study. The article examines the likely causes of this problem and provides possible solution to that effect. The doctrinal research method was adopted by way of exploratory and descriptive methodology as well as the examination of necessary legislations. The instant research finds that business names information is well-protected within the custody of the Corporate Affairs Commission as compared with that of private limited companies that is beseeching for firmer protection.

Keywords: Confidentiality, Companies, Corporate Affairs Commission, Nigeria, Privacy, PostIncorporation

[This article belongs to NOLEGEIN Journal of Corporate & Business Laws(njcbl)]

How to cite this article: Adetutu Deborah Aina-Pelemo. Incorporated Companies’ and the Need for Privacy and Confidentiality of Information. NOLEGEIN Journal of Corporate & Business Laws. 2023; 4(1):23-29.
How to cite this URL: Adetutu Deborah Aina-Pelemo. Incorporated Companies’ and the Need for Privacy and Confidentiality of Information. NOLEGEIN Journal of Corporate & Business Laws. 2023; 4(1):23-29. Available from: https://journals.stmjournals.com/njcbl/article=2023/view=91191

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Regular Issue Open Access Article
Volume 4
Issue 1
Received January 12, 2021
Accepted January 27, 2022
Published January 27, 2023