Nigeria, Oct. 21 -- The Court of Appeal in Abuja, on 17 September, upheld a Federal High Court judgement nullifying several provisions of the Companies and Allied Matters Act (CAMA), 2020, Nigeria's principal corporate regulatory law.

The judgement struck down a string of CAMA provisions which conferred some powers on the Corporate Affairs Commission (CAC), to control and intervene in the running of incorporated trustees, including religious bodies and other associations, in certain situations.

Both the Federal High Court and the Court of Appeal ruled concurrently that the provisions infringed upon constitutionally protected rights to freedom of thought, conscience, religion, association, and peaceful assembly.

But the Court of Appeal ...