A provision requiring or authorising a thing to be done by or of a director and the secretary is not satisfied by its being done by or of the same person acting both as director and as, or in place of the secretary.
Companies and Allied Matters Act 2020 · Part B · Chapter 12
Section 331 Avoidance of acts done by a person as director and secretary
Cite as: Companies and Allied Matters Act 2020, section 331
What this section means
From the guide: What does a company secretary do under CAMA 2020?
- A thing the Act requires to be done by a director and the secretary is not satisfied by one person acting in both roles (section 331).
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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.