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Section 832 Companies and Allied Matters Act (CAMA) 2020

Section 832 CAMA 2020

Section 832 Companies and Allied Matters Act is about Change of name or objects. It is under Chapter 2 (Changes in registered particulars of incorporated trustees) of the Act.

(1) Where the association is desirous of changing, altering its name, objects or any of them, the trustees shall apply to the Commission in the prescribed form setting out the alterations desired and attaching a copy of the resolution approving the change and duly certified by the trustees.

(2) The Commission on receipt of the application shall consider it and, ifsatisfied that the change or alteration is prima facie lawful shall—

(a) cause the application to be published in two daily newspapers in themanner specified in section 828 (1) of this Act ; and

(b) direct the corporation to display for at least 28 days a notice of the proposed change or alteration conspicuously mounted at the corporation headquarters, or at any branch office, or any such place where a majority of the members are likely to see it, as the Commission may require.

(3) The publication and notices shall call for objections which, if any,shall state the grounds of objection and be forwarded to reach the Commission not later than 28 days after the last of the publications in the newspapers.

(4) The provisions of section 827 and of section 825 (1) of this Part ofthis Act shall apply to this section as they apply to an application for registration.

(5) If the Commission assents to the application, the alterations shall be made and in the case of a change of name, the Commission shall issue a new certificate in the new name in place of the former certificate.

See also  Section 546 Companies and Allied Matters Act (CAMA) 2020

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