Section 94 CAMA 2020

Section 94 Companies and Allied Matters Act is about Liability of company not affected by fraud or forgery of officer. It is under Liability for Acts of the Company of Chapter 5 of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Liability of company not affected by fraud or forgery of officer

Where, in accordance with sections 89-93 of this Act, a company would be liable to a third party for the acts of any officer or agent, the company shall, except where there is collusion between the officer or agent and the third party, be liable notwithstanding that the officer or agent has acted fraudulently or forged a document purporting to be sealed by or signed on behalf of the company.