Section 538 CAMA 2020

Section 538 Companies and Allied Matters Act is about Joint and concurrent administrators. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

(1) In this Chapter a reference to the appointment of—

(a) an administrator of a company includes a reference to the appointment of a number of persons to act jointly or concurrently as the Administrator of a company ; and

(b) a person as administrator of a company includes a reference to the appointment of a person as one of a number of persons to act jointly or concurrently as the administrator of a company.

(2) The appointment of a number of persons to act as administrator of a company shall specify which functions, if any, are to be performed by—

(a) the persons appointed acting jointly ; and

(b) any or all of the persons appointed.