{"id":55004,"date":"2023-09-24T17:00:44","date_gmt":"2023-09-24T17:00:44","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=55004"},"modified":"2023-09-24T16:38:10","modified_gmt":"2023-09-24T16:38:10","slug":"registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing","title":{"rendered":"Registrar of Companies\u202f urges public to\u00a0undertake due diligence before investing"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Office of the Registrar of Companies (ORC) has urged the public to undertake due diligence in businesses and companies they intend to deal with. <\/b><\/p>\n

Mr. Nicholas Ofori Obeng-Twum, Public Relations Officer, ORC, indicated that doing due diligence would enable people to acquire the necessary information on a prospective business or target company.<\/p>\n

\u201cDue diligence helps people avert all the risks that they would have engaged in if they hadn\u2019t done those checks,\u201d he noted.<\/p>\n

He added that it was necessary for those who wanted to go into business contracts, partnerships, mergers and acquisitions, among others, to make informed decisions.<\/p>\n

Some of the details people can inquire about are the company\u2019s directors, shareholders, date of incorporation, financial position, including assets, liabilities, profit, and loss, whether the company is in good standing or not, and any changes in the company\u2019s operations.<\/p>\n

It brings to the fore some of the lapses of the business and helps to determine the company\u2019s prospects.<\/p>\n

It also provides data for decision making, such as whether one should go ahead to engage in a business deal, as well as how to negotiate. Doing due diligence further reassures a person to have confidence in the business as a legitimate legal entity.<\/p>\n

Mr. Obeng-Twum indicated that those who want to do due diligence can apply to the ORC, to get information on a company.<\/p>\n

If a person wants information on two or more companies, the person needs to put in separate applications for each company.<\/p>\n

Those who apply to the ORC for information on companies can get a response within three to five working days.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Office of the Registrar of Companies (ORC) has urged the public to undertake due diligence in businesses and companies they intend to deal with. Mr. Nicholas Ofori Obeng-Twum, Public Relations Officer, ORC, indicated that doing due diligence would enable people to acquire the necessary information on a prospective business or target […]<\/p>\n","protected":false},"author":84,"featured_media":55003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[5092,5096,429],"class_list":["post-55004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nRegistrar of Companies\u202f urges public to\u00a0undertake due diligence before investing - Ghana<\/title>\n<meta name=\"description\" content=\"The Office of the Registrar of Companies (ORC) has urged the public to undertake due diligence in businesses and comp ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Registrar of Companies\u202f urges public to\u00a0undertake due diligence before investing\" \/>\n<meta property=\"og:description\" content=\"The Office of the Registrar of Companies (ORC) has urged the public to undertake due diligence in businesses and comp ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-24T17:00:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/09\/sm_1695560843.254159.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"538\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Registrar of Companies\u202f urges public to\u00a0undertake due diligence before investing\",\"datePublished\":\"2023-09-24T17:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\"},\"wordCount\":293,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/09\/sm_1695560843.254159.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/registrar-of-companies-urges-public-to-undertake-due-diligence-before-investing\",\"name\":\"Registrar of Companies\u202f urges public to\u00a0undertake due diligence before investing - 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