Section 539 CAMA 2020

Section 539 Companies and Allied Matters Act is about Joint administrators. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

(1) This section applies where two or more persons are appointed to act jointly as the administrator of a company.

(2) A reference to the administrator of the company is a reference to those persons acting jointly.

(3) A reference to the administrator of a company in sections 523-534 of this Act is a reference to any or all of the persons appointed to act jointly.

(4) Where an offence of omission is committed by the administrator,each of the persons appointed to act jointly—

(a) commits the offence ; and

(b) may be proceeded against and punished individually.

(5) The reference in section 482(1)(a) of this Act to the name of the administrator is a reference to the name of each of the persons appointed to act jointly.

(6) Where persons are appointed to act jointly in respect of only some of the functions of the administrator of a company, this section applies only in relation to those functions.