Section 261 Companies and Allied Matters Act (CAMA) 2020
Section 261 CAMA 2020 Section 261 Companies and Allied Matters Act is about Resolutions requiring special notice. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. Where by any provision contained in this Act, special notice is required of a resolution, the resolution is not effective unless notice of the intention to move it has […]
Section 260 Companies and Allied Matters Act (CAMA) 2020
Section 260 CAMA 2020 Section 260 Companies and Allied Matters Act is about Circulation of members’ resolutions. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) Subject to provisions of this section, it is the duty of a company, on the requisition in writing of such number of members as specified in this section […]
Section 259 Companies and Allied Matters Act (CAMA) 2020
Section 259 CAMA 2020 Section 259 Companies and Allied Matters Act is about Written resolutions. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. All resolutions shall be passed at general meetings and are not effective unless so passed, but in the case of a private company a written resolution signed by all the members […]
Section 258 Companies and Allied Matters Act (CAMA) 2020
Section 258 CAMA 2020 Section 258 Companies and Allied Matters Act is about Resolutions. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) A resolution is an ordinary resolution when it has been passed by a simple majority of votes cast by members of the company as, being entitled to do so, vote in […]
Section 257 Companies and Allied Matters Act (CAMA) 2020
Section 257 CAMA 2020 Section 257 Companies and Allied Matters Act is about Disclosure of remuneration of managers. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. The compensation of managers of a company shall be disclosed to members of the company at the annual general meeting.
Section 256 Companies and Allied Matters Act (CAMA) 2020
Section 256 CAMA 2020 Section 256 Companies and Allied Matters Act is about Quorum. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) Except in the case of a company with one member or provided in the articles, no business shall be transacted at any general meeting unless a quorum of members is present […]
Section 255 Companies and Allied Matters Act (CAMA) 2020
Section 255 CAMA 2020 Section 255 Companies and Allied Matters Act is about Corporation representation at meetings of companies, etc. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) A corporation, whether a company within the meaning of this Act or not, may if it is—(a) a member of another corporation, being a company […]
Section 254 Companies and Allied Matters Act (CAMA) 2020
Section 254 CAMA 2020 Section 254 Companies and Allied Matters Act is about Proxies. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. (1) Any member of a company entitled to attend and vote at a meeting of the company is entitled to appoint another person (whether a member or not) as his proxy to […]
Section 253 Companies and Allied Matters Act (CAMA) 2020
Section 253 CAMA 2020 Section 253 Companies and Allied Matters Act is about Objections as to qualification to vote. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. No objection shall be raised to the qualification of any voter except at the meeting or adjourned meeting at which the vote objected to is given or […]
Section 252 Companies and Allied Matters Act (CAMA) 2020
Section 252 CAMA 2020 Section 252 Companies and Allied Matters Act is about Attendance at meetings. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act. Every person who is entitled to receive notice of a general meeting of the company as provided under section 251 of this Act, is entitled to attend such a meeting.