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Company Ownership of Mailo Land in Uganda by martin otto is a document available to read on EtoBox.
What is Company Ownership of Mailo Land in Uganda about?
The Court of Appeal ruled that for a company to legally own mailo or freehold land in Uganda, its memorandum and articles must include a clause prohibiting the transfer of shares to non-Ugandans, in addition to the company being controlled by Ugandan citizens. This is an important decision as it means companies without such a clause restricting share transfers to non-citizens will be considered foreign companies prohibited from owning freehold or mailo land, and those currently holding such land should take
- Author
- martin otto
- Language
- EN