Section 102 CAMA 2020
Section 102 Companies and Allied Matters Act is about Execution of deeds by company. It is under Authentication and Service of Documents of Chapter 5 of PART B (Incorporation of Companies and Incidental Matters) of the Act.
Execution of deeds by company
(1) A document is validly executed by a company as a deed for the purposes of this Act, if it is duly executed by the company and it is delivered as a deed.
(2) A company may execute a document described or expressed as a deed without affixing a common seal on the document by signature on behalf of the company by —
(a) a director of the company and the secretary of the company ;
(b) at least two directors of the company ; or
(c) a director of the company in the presence of at least one witness who shall attest the signature.
(3) A document mentioned in subsection (2) that is signed on behalf of the company in accordance with that subsection has the same effect as if the document was executed under the common seal of the company.
(4) Where a document is to be signed by a person on behalf of more than one company, the document shall not be considered to be signed by that person for the purposes of subsection (2) or (3), unless the person signs the document separately in each capacity.
(5) This section applies in the case of a document mentioned in subsection (2) that is executed by the company in the name or on behalf of another person, whether or not that person is also a company.
