Section 289 Companies and Allied Matters Act (CAMA) 2020
Section 289 CAMA 2020 Section 289 Companies and Allied Matters Act is about Proceedings of directors. It is under Chapter 11 (Directors) of the Act. (1) The directors may meet together for the dispatch of business,adjourn and otherwise regulate their meetings as they think fit, and the first meeting of the directors shall be held […]
Section 288 Companies and Allied Matters Act (CAMA) 2020
Section 288 CAMA 2020 Section 288 Companies and Allied Matters Act is about Removal of directors. It is under Chapter 11 (Directors) of the Act. (1) A company may by ordinary resolution remove a director before the expiration of his period of office, notwithstanding anything in its articles or in any agreement between the company […]
Section 287 Companies and Allied Matters Act (CAMA) 2020
Section 287 CAMA 2020 Section 287 Companies and Allied Matters Act is about Mode of voting on appointment of directors. It is under Chapter 11 (Directors) of the Act. (1) At a general meeting of a company other than a private company, a motion for the appointment of two or more persons as directors of […]
Section 286 Companies and Allied Matters Act (CAMA) 2020
Section 286 CAMA 2020 Section 286 Companies and Allied Matters Act is about Validity of acts of directors. It is under Chapter 11 (Directors) of the Act. The acts of a director, manager, or secretary are valid notwithstanding any defect that may afterwards be discovered in his appointment or qualification.
Section 285 Companies and Allied Matters Act (CAMA) 2020
Section 285 CAMA 2020 Section 285 Companies and Allied Matters Act is about Rotation of directors. It is under Chapter 11 (Directors) of the Act. (1) Unless the articles provide, at the first annual general meeting of the company all the directors shall retire from office, and at the annual general meeting in every subsequent […]
Section 284 Companies and Allied Matters Act (CAMA) 2020
Section 284 CAMA 2020 Section 284 Companies and Allied Matters Act is about Vacation of office director. It is under Chapter 11 (Directors) of the Act. (1) The office of director shall be vacated if the director— (a) ceases to be a director by virtue of section 277 of this Act ; (b) becomes bankrupt […]
Section 283 Companies and Allied Matters Act (CAMA) 2020
Section 283 CAMA 2020 Section 283 Companies and Allied Matters Act is about Disqualification for directorship. It is under Chapter 11 (Directors) of the Act. The following persons shall be disqualified from being director— (a) an infant, that is, a person under the age of 18 years ; (b) a lunatic or person of unsound […]
Section 282 Companies and Allied Matters Act (CAMA) 2020
Section 282 CAMA 2020 Section 282 Companies and Allied Matters Act is about Right to appoint a director at any age. It is under Chapter 11 (Directors) of the Act. Subject to the provisions of this Act, a person may be appointed a director of a public company notwithstanding that he is 70 years or […]
Section 281 Companies and Allied Matters Act (CAMA) 2020
Section 281 CAMA 2020 Section 281 Companies and Allied Matters Act is about Appointment of director for life. It is under Chapter 11 (Directors) of the Act. A person may be appointed a director for life provided that he shall be removable under section 288 of this Act.
Section 280 Companies and Allied Matters Act (CAMA) 2020
Section 280 CAMA 2020 Section 280 Companies and Allied Matters Act is about Restraint of fraudulent persons. It is under Chapter 11 (Directors) of the Act. (1) Where— (a) a person is convicted by a High Court of any offence in connection with the promotion, formation or management of a company, or(b) in the course […]