Home » Nigeria » Nigeria CAMA 2020 » Section 328 Companies and Allied Matters Act (CAMA) 2020

Section 328 Companies and Allied Matters Act (CAMA) 2020

Section 328 CAMA 2020

Section 328 Companies and Allied Matters Act is about Circumstances in which commission may put address on the public record. It is under Chapter 11 (Directors) of the Act.

(1) The Commission may put a director’s usual residential addresson the public record if—

(a) communications sent by the Commission to the director and requiring a response within a specified period remain unanswered ; or

(b) there is evidence that service of documents at a service address provided in place of the director’s usual residential address is not effective to bring them to the notice of the director.

(2) The Commission shall give notice of the proposal—

(a) to the director ; and

(b) to every company of which the Commission has been notified that the individual is a director.

(3) The notice shall—

(a) state the grounds on which it is proposed to put the director’s usual residential address on the public record, and specify a period within which representations may be made before that is done ; and

(b) be sent to the director at his usual residential address, unless it appears to the Commission that service at that address may be ineffective to bring it to the director’s notice, in which case it may be sent to any service address provided in place of that address.

(4) The Commission shall take account of any representations received within the specified period.

See also  Section 50 Companies and Allied Matters Act 2020

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

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