Lesotho, Oct. 8 -- Looking into the laws that guide the governance of Basotho ba Lesotho, get to know the National Youth Development Bill, 2024.
So what is it? It is the Companies Act, 2011.
An Act to provide for standard and adaptable requirements for the incorporation, organisation, operation and liquidation of companies; to define the relationship between companies and their shareholders, directors and creditors; to encourage efficient and responsible management of companies; to protect shareholders and creditors against abuse of management power; to provide for registration of external companies in Lesotho; to set out responsibilities of the Registrar of Companies and to provide for incidental matters.
ENACTED by the Parliament of Le...