Section 292 Companies and Allied Matters Act (CAMA) 2020
Section 292 CAMA 2020 Section 292 Companies and Allied Matters Act is about Notice of meeting. It is under Chapter 11 (Directors) of the Act. (1) Every director is entitled to receive notice of the directors’ meetings, unless he is disqualified by any reason under the Act from continuing with the office of director. (2) […]
Section 291 Companies and Allied Matters Act (CAMA) 2020
Section 291 CAMA 2020 Section 291 Companies and Allied Matters Act is about Failure to have a quorum. It is under Chapter 11 (Directors) of the Act. Where the board is unable to act because a quorum cannot be formed, the general meeting may act in place of the board and where a committee is […]
Section 290 Companies and Allied Matters Act (CAMA) 2020
Section 290 CAMA 2020 Section 290 Companies and Allied Matters Act is about Quorum. It is under Chapter 11 (Directors) of the Act. (1) Unless the articles provide otherwise, the quorum necessary for the transaction of the business of directors are two where there are not more than six directors, but where there are more […]
Section 289 Companies and Allied Matters Act (CAMA) 2020
Section 289 CAMA 2020 Section 289 Companies and Allied Matters Act is about Proceedings of directors. It is under Chapter 11 (Directors) of the Act. (1) The directors may meet together for the dispatch of business,adjourn and otherwise regulate their meetings as they think fit, and the first meeting of the directors shall be held […]
Section 288 Companies and Allied Matters Act (CAMA) 2020
Section 288 CAMA 2020 Section 288 Companies and Allied Matters Act is about Removal of directors. It is under Chapter 11 (Directors) of the Act. (1) A company may by ordinary resolution remove a director before the expiration of his period of office, notwithstanding anything in its articles or in any agreement between the company […]
Section 287 Companies and Allied Matters Act (CAMA) 2020
Section 287 CAMA 2020 Section 287 Companies and Allied Matters Act is about Mode of voting on appointment of directors. It is under Chapter 11 (Directors) of the Act. (1) At a general meeting of a company other than a private company, a motion for the appointment of two or more persons as directors of […]
Section 286 Companies and Allied Matters Act (CAMA) 2020
Section 286 CAMA 2020 Section 286 Companies and Allied Matters Act is about Validity of acts of directors. It is under Chapter 11 (Directors) of the Act. The acts of a director, manager, or secretary are valid notwithstanding any defect that may afterwards be discovered in his appointment or qualification.
Section 285 Companies and Allied Matters Act (CAMA) 2020
Section 285 CAMA 2020 Section 285 Companies and Allied Matters Act is about Rotation of directors. It is under Chapter 11 (Directors) of the Act. (1) Unless the articles provide, at the first annual general meeting of the company all the directors shall retire from office, and at the annual general meeting in every subsequent […]
Section 284 Companies and Allied Matters Act (CAMA) 2020
Section 284 CAMA 2020 Section 284 Companies and Allied Matters Act is about Vacation of office director. It is under Chapter 11 (Directors) of the Act. (1) The office of director shall be vacated if the director— (a) ceases to be a director by virtue of section 277 of this Act ; (b) becomes bankrupt […]
Section 283 Companies and Allied Matters Act (CAMA) 2020
Section 283 CAMA 2020 Section 283 Companies and Allied Matters Act is about Disqualification for directorship. It is under Chapter 11 (Directors) of the Act. The following persons shall be disqualified from being director— (a) an infant, that is, a person under the age of 18 years ; (b) a lunatic or person of unsound […]