Section 313 CAMA 2020 Section 313 Companies and Allied Matters Act is about Prohibition of secret benefits. It is under Chapter 11 (Directors) of the Act. (1) A director shall not accept a bribe, a gift, or commission either in cash or kind from any person or a share in the profit of that person […] The post Section 313 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 318 CAMA 2020 Section 318 Companies and Allied Matters Act is about Register of directors. It is under Chapter 11 (Directors) of the Act. (1) Every company shall keep a register of its directors. (2) The register shall contain the required particulars of each person who is a director of the company. (3) The […] The post Section 318 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 317 CAMA 2020 Section 317 Companies and Allied Matters Act is about Director’s contract of employment for morethan five years. It is under Chapter 11 (Directors) of the Act. (1) The provisions of this section apply in respect of any term of an agreement where a director’s employment with the company of which heis […] The post Section 317 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 316 CAMA 2020 Section 316 Companies and Allied Matters Act is about Personal liability of directors and officers. It is under Chapter 11 (Directors) of the Act. Where a company— (a) receives money by way of loan for specific purpose ; (b) receives money or other property by way of advance payment forthe execution […] The post Section 316 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 315 CAMA 2020 Section 315 Companies and Allied Matters Act is about Special resolution of limited company making liability of directors unlimited. It is under Chapter 11 (Directors) of the Act. (1) A limited company, if so authorised by its articles, may, by special resolution, alter its memorandum so as to render unlimited the […] The post Section 315 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 314 CAMA 2020 Section 314 Companies and Allied Matters Act is about Directors with unlimited liability in respect of a limited company. It is under Chapter 11 (Directors) of the Act. (1) In a limited company the liability of the directors, managers or managing director, may, if so provided by the memorandum, be unlimited. […] The post Section 314 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 312 CAMA 2020 Section 312 Companies and Allied Matters Act is about Liabilities arising from contravention of section 310. It is under Chapter 11 (Directors) of the Act. (1) An arrangement entered into by a company in contravention of section 310 of this Act and any transaction entered into in pursuance of the arrangement […] The post Section 312 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 311 CAMA 2020 Section 311 Companies and Allied Matters Act is about Exceptions from section 310. It is under Chapter 11 (Directors) of the Act. (1) No approval shall be required to be given under section 310of this Act by any body corporate unless it is a company within the meaning of this Act, […] The post Section 311 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 305 CAMA 2020 Section 305 Companies and Allied Matters Act is about Duties of directors. It is under Chapter 11 (Directors) of the Act. (1) A director of a company stands in a fiduciary relationship towards the company and shall observe utmost good faith towards the company in any transaction with it or on […] The post Section 305 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more

Section 304 CAMA 2020 Section 304 Companies and Allied Matters Act is about Particulars with respect to directors in trade catalogues,etc. It is under Chapter 11 (Directors) of the Act. (1) Every company to which this section applies shall, in all trade circulars, show cards and business letters on or in which the company’s name […] The post Section 304 Companies and Allied Matters Act (CAMA) 2020 appeared first on LawGlobal Hub ..read more