Home » Nigeria » Nigeria CAMA 2020 » Section 297 Companies and Allied Matters Act (CAMA) 2020

Section 297 Companies and Allied Matters Act (CAMA) 2020

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) of the Act.

A company shall not make to any director of the company any payment by way of compensation for loss of office, or as consideration for orin connection with his retirement from office, unless particulars with respect to the proposed payment and the amount have been disclosed to members of the company and the proposal is approved by the company.

Related Posts:

See also Section 49 Companies and Allied Matters Act 2020

More Posts

Section 47 EFCC Act 2004: Short Title

Section 47 EFCC Act 2004 Section 47 of the EFCC Act 2004 is about Short Title. This Act may be cited as the Economic and Financial Crimes Commission (Establishment,

Section 46 EFCC Act 2004: Interpretation

Section 46 EFCC Act 2004 Section 46 of the EFCC Act 2004 is about Interpretation. In this Act – Interpretation “Commission” means the Economic and Financial Crimes Commission established

Section 45 EFCC Act 2004: Savings

Section 45 EFCC Act 2004 Section 45 of the EFCC Act 2004 is about Savings. The repeal of the Act specified in section 43 of this Act shall not

Section 44 EFCC Act 2004: Repeal of Act No. 5 2002

Section 44 EFCC Act 2004 Section 44 of the EFCC Act 2004 is about Repeal of Act No. 5 2002. The Economic and Financial Crimes Commission (Establishment Act) No

Leave a Reply Cancel reply

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others