Section 347 Companies and Allied Matters Act (CAMA) 2020
Section 347 CAMA 2020 Section 347 Companies and Allied Matters Act is about Powers of the Court to make orders in derivative actions under section 346. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) In connection with an action brought […]
Section 346 Companies and Allied Matters Act (CAMA) 2020
Section 346 CAMA 2020 Section 346 Companies and Allied Matters Act is about Commencing derivative action. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Subject to the provisions of subsection (2), an applicant may apply to the Court for leave […]
Section 345 Companies and Allied Matters Act (CAMA) 2020
Section 345 CAMA 2020 Section 345 Companies and Allied Matters Act is about Definition of member. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. For the purpose of sections 343 and 344 of this Act, “member”includes— (a) the personal representative of […]
Section 344 Companies and Allied Matters Act (CAMA) 2020
Section 344 CAMA 2020 Section 344 Companies and Allied Matters Act is about Personal and representative action. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Where a member institutes a personal action to enforce aright due to him personally, or […]
Section 343 Companies and Allied Matters Act (CAMA) 2020
Section 343 CAMA 2020 Section 343 Companies and Allied Matters Act is about Protection of minority: in junction and declaration in certain cases. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. Without prejudice to the rights of members under sections 346-351and […]
Section 342 Companies and Allied Matters Act (CAMA) 2020
Section 342 CAMA 2020 Section 342 Companies and Allied Matters Act is about Procedure for major asset transaction. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) For the purposes of this section, “major asset transaction”means a transaction or related series […]
Section 341 Companies and Allied Matters Act (CAMA) 2020
Section 341 CAMA 2020 Section 341 Companies and Allied Matters Act is about Only company may sue for wrong or ratify irregular conduct. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. Subject to the provisions of this Act, where an irregularity […]
Section 340 Companies and Allied Matters Act (CAMA) 2020
Section 340 CAMA 2020 Section 340 Companies and Allied Matters Act is about Particulars of secretaries to be registered and notified to the Commission: power to make regulations. It is under Chapter 12 (Secretaries) of the Act. The Minister may, by regulations vary particulars required to be contained in a company’s register of secretaries and […]
Section 339 Companies and Allied Matters Act (CAMA) 2020
Section 339 CAMA 2020 Section 339 Companies and Allied Matters Act is about Duty to notify the Commission of changes. It is under Chapter 12 (Secretaries) of the Act. (1) A company shall, within 14 days, from— (a) a person becoming or ceasing to be a secretary, or (b) the occurrence of any change in […]
Section 338 Companies and Allied Matters Act (CAMA) 2020
Section 338 CAMA 2020 Section 338 Companies and Allied Matters Act is about Particulars of secretaries to be registered: corporate secretaries and firms. It is under Chapter 12 (Secretaries) of the Act. (1) A company’s register of secretaries shall contain the following particulars in the case of a body corporate, or a firm— (a) corporate […]