Behind the Veil and Beyond the Age: Analysing the Legal Capacity of Infants and Corporate Entities as Shadow Directors under CAMA 2020
A shadow director is a person or entity whose directions or instructions the company’s directors are accustomed to following. Under CAMA 2020, the concept ensures that those who exercise real control over a company’s affairs cannot evade the fiduciary and statutory responsibilities associated with corporate governance merely because they lack formal appointment.
