Section 271 Companies and Allied Matters Act (CAMA) 2020
Section 271 CAMA 2020 Section 271 Companies and Allied Matters Act is about Number of directors. It is under Chapter 11 (Directors) of the Act. (1) Every company, not being a small, company shall have at least two directors. (2) Subject to subsection (1), any company whose number of directors falls below two shall, within one month of its […]
Section 270 Companies and Allied Matters Act (CAMA) 2020
Section 270 CAMA 2020 Section 270 Companies and Allied Matters Act is about Shadow director. It is under Chapter 11 (Directors) of the Act. (1) Without prejudice to the provisions of sections 269 and 276 of this Act, and for the purposes of sections 279, 301 and 307 of this Act, “director” shall include any person on whose instructions […]
Section 269 Companies and Allied Matters Act (CAMA) 2020
Section 269 CAMA 2020 Section 269 Companies and Allied Matters Act is about Meaning of directors. It is under Chapter 11 (Directors) of the Act. (1) A Director of a company registered under this Act is a person duly appointed by the company to direct and manage the business of the company. (2) There is a rebuttable presumption in […]
Section 268 Companies and Allied Matters Act (CAMA) 2020
Section 268 CAMA 2020 Section 268 Companies and Allied Matters Act is about Class meetings. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. The provisions of the foregoing sections apply to any class meetings except where expressly excluded by this Act.
Section 267 Companies and Allied Matters Act (CAMA) 2020
Section 267 CAMA 2020 Section 267 Companies and Allied Matters Act is about Inspection of minute books and copies. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) The books containing the minutes of proceedings of any general meeting of a company held on or after the commencement of this Act, shall be kept […]
Section 266 Companies and Allied Matters Act (CAMA) 2020
Section 266 CAMA 2020 Section 266 Companies and Allied Matters Act is about Minutes of proceedings and effect. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) With the exception of a company having a single member, every company shall cause minutes of all proceedings—(a) of general meetings,(b) at meetings of its directors, and(c) […]
Section 265 Companies and Allied Matters Act (CAMA) 2020
Section 265 CAMA 2020 Section 265 Companies and Allied Matters Act is about Powers and duties of the chairman of the general meeting. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) The chairman, of the board of directors shall preside as chairman at every general meeting of the company, and if there is […]
Section 264 Companies and Allied Matters Act (CAMA) 2020
Section 264 CAMA 2020 Section 264 Companies and Allied Matters Act is about Adjournment. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) The chairman may, with the consent of any meeting at which a quorum is present (and shall if so directed by the meeting), adjourn the meeting from time to time and […]
Section 263 Companies and Allied Matters Act (CAMA) 2020
Section 263 CAMA 2020 Section 263 Companies and Allied Matters Act is about Effect of resolutions passed at adjourned meetings. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. Where a resolution is passed at an adjourned meeting of—(a) a company,(b) the holders of any class of shares in a company, or(c) the directors of […]
Section 262 Companies and Allied Matters Act (CAMA) 2020
Section 262 CAMA 2020 Section 262 Companies and Allied Matters Act is about Registration and copies of certain resolutions. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) Subject to section 51 (7) (b) of this Act, a printed copy of every resolution or agreement to which this section applies shall, within 15 days […]