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Section 332 Companies and Allied Matters Act (CAMA) 2020

Section 332 CAMA 2020

Section 332 Companies and Allied Matters Act is about Qualification of a secretary. It is under Chapter 12 (Secretaries) of the Act.

It is the duty of a director of a company to take all reasonable steps to ensure that the secretary of the company is a person who appears to have the requisite knowledge and experience to discharge the functions of a secretary of a company, and in the case of a public company, he shall be—

(a) a member of the Institute of Chartered Secretaries and Administrators ;

(b) a legal practitioner within the meaning of the Legal Practitioners Act ;

(c) a member of any professional body of accountants established from time to time by an Act of the National Assembly ;

(d) any person who has held the office of the secretary of a public company for at least three years of the five years immediately preceding his appointment in a public company ; or

(e) a body corporate or firm consisting of members each of whom is qualified under paragraph (a), (b), or (c).

See also  Section 534 Companies and Allied Matters Act (CAMA) 2020

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