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Companies and Allied Matters Act 2020 · Part B · Chapter 11

Section 292Notice of meeting

(1)
Every director is entitled to receive notice of the directors’ meetings, unless he is disqualified by any reason under the Act from continuing with the office of director.
(2)
There shall be given 14 days’ notice in writing to all directors entitled to receive notice unless provided in the articles.
(3)
Failure to give notice in accordance with subsection (2) invalidates the meeting.
(4)
Unless the articles provide otherwise, it is not necessary to give notice of a meeting of directors to any director absent from Nigeria, but if he has given an address in Nigeria, the notice shall be sent to such an address.
Cite as: Companies and Allied Matters Act 2020, section 292

What this section means

From the guide: Board meetings, quorum and notice under CAMA 2020

  • Unless the articles say otherwise, the quorum is two directors where there are six or fewer, and one-third where there are more (section 290), and 14 days’ written notice is required (section 292).
  • A director who is absent from Nigeria need not be given notice unless the articles require it, but if he has given an address in Nigeria, notice must go there (section 292).

Read the whole subject

Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.