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Section 276 Companies and Allied Matters Act (CAMA) 2020

Section 276 CAMA 2020

Section 276 Companies and Allied Matters Act is about Liability of a person where not duly appointed. It is under Chapter 11 (Directors) of the Act.

Where a person not duly appointed as a director acts as such on behalf of the company, his act does not bind the company and he is personally liable for such action, but where it is the company which holds him out as director, the company is bound by his acts.

See also  Section 512 Companies and Allied Matters Act (CAMA) 2020

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