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Section 238 Companies and Allied Matters Act (CAMA) 2020

Section 238 CAMA 2020

Businesses transacted at annual general meeting

All businesses transacted at annual general meetings are deemed special business, except declaring a dividend, presentation of the financial statements and the reports of the directors and auditors, election of directors in the place of those retiring, the appointment, fixing of the remuneration of the auditors, appointment of members of the audit committee and disclosure of remuneration of managers of a company, which are ordinary business.

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