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 unable to act because a quorum cannot be formed, the board may act in place of the committee.
Section 297 CAMA 2020 Section 297 Companies and Allied Matters Act is about Payment by company for loss of office to be approved. It is under Chapter 11 (Directors)
Section 296 CAMA 2020 Section 296 Companies and Allied Matters Act is about Prohibition of loans to directors in certain circumstances. It is under Chapter 11 (Directors) of the
Section 295 CAMA 2020 Section 295 Companies and Allied Matters Act is about Prohibition of tax- free payments to directors. It is under Chapter 11 (Directors) of the Act.
Section 294 CAMA 2020 Section 294 Companies and Allied Matters Act is about Renumeration of a managing director. It is under Chapter 11 (Directors) of the Act. (1) A
