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Section 39 Companies and Allied Matters Act 2020

Section 39 CAMA 2020

Section 39 Companies and Allied Matters Act is about Statement of proposed Directors. It is under Chapter 1 (Registration Of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act.

Statement of proposed Directors

(1) The statement of the company’s proposed directors required to be delivered to the Commission shall contain the required particulars of—

(a) the person who is, or persons who are, to be the first director or directors of the company ; and

(b) where applicable, the person who is, or persons who are, to be the first secretary or joint secretaries of the company.

(2) The required particulars are the particulars that are required to be stated in the case of a—
(a) director, in the company’s register of directors and register of directors’
residential addresses ; and
(b) secretary, in the company’s register of secretaries.

(3) The statement shall also contain a consent by each of the persons named as a director, as secretary or one of joint secretaries, to act in the relevant capacity but if all the partners in a firm are to be joint secretaries, consent may be given by one partner on behalf of all of them.

See also  Section 579 Companies and Allied Matters Act (CAMA) 2020

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