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Section 273 Companies and Allied Matters Act (CAMA) 2020

Section 273 CAMA 2020

Section 273 Companies and Allied Matters Act is about Subsequent appointment of directors. It is under Chapter 11 (Directors) of the Act.

(1) The members at the annual general meeting may re-elect or reject directors and appoint new ones.

(2) In the event of all the directors and shareholders dying, any of the personal representatives apply to the Court for an order to convene a meeting of all the personal representatives of the shareholders entitled to attend and vote at a general meeting to appoint new directors to manage the company,and if they fail to convene a meeting, the creditors, if any, may do so.

See also  Section 204 Companies and Allied Matters Act (CAMA) 2020

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