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Section 244 Companies and Allied Matters Act (CAMA) 2020

Section 244 CAMA 2020

Section 244 Companies and Allied Matters Act is about Service of notice. It is under Chapter 10 (Meetings and Proceedings of Companies) of the Act.

(1) A notice may be given by the company to any member either personally or by sending it by post to him or to his registered address, or (if he has no registered address within Nigeria) to the address, supplied by him to the company for the giving of notice to him.

(2) Where a notice is sent by post, service of the notice is deemed to be effected by properly addressing, prepaying, and posting a letter containing the notice, and to have been effected in the case of a notice of a meeting at the expiration of seven days after the letter containing the same is posted, and in
any other case at the time at which the letter would be delivered in the ordinary course of post.

(3) In addition to the notice given personally or by post, notice may also be given by electronic mail to any member who has provided the company an electronic mail address.

(4) A notice may be given by the company to the joint holders of a share by giving the notice to the joint holder first named in the register of members in respect of the share.

(5) A notice may be given by the company to the persons entitled to a share in consequence of the death or bankruptcy of a member by sending it through the post in a prepaid letter addressed to them by name, or by the title of representatives of the deceased, or trustee of the bankrupt, or by any like description, at the address, if any, within Nigeria supplied for the purpose by the person claiming to be so entitled, or until such an address has been so supplied by giving the notice in any manner in which the same might have been given if the death or bankruptcy had not occurred.

See also  Section 270 Companies and Allied Matters Act (CAMA) 2020

(6) In this section, “registered address”, means any address whether physical or electronic supplied by a member to the company.

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