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Section 334 Companies and Allied Matters Act (CAMA) 2020

Section 334 CAMA 2020

Section 334 Companies and Allied Matters Act is about Fiduciary interests of a secretary. It is under Chapter 12 (Secretaries) of the Act.

A secretary does not owe fiduciary duties to the company, but where he is acting as its agent he owes fiduciary duties to it, and as such is liable to the company where he makes secret profits or lets his duties conflict with his personal interests, or uses confidential information he obtained from the company for his own benefit.

See also  Section 470 Companies and Allied Matters Act (CAMA) 2020

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