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COMPANIES AND ALLIED MATTERS ACT, 2020

Section 341: Only company may sue for wrong or ratify irregular conduct.

2020Section 341 of 870•Federal Republic of Nigeria

Subject to the provisions of this Act, where an irregularity is made in the course of a company’s affairs or any wrong is done to the company, only the company can sue to remedy that wrong and only the company can ratify the irregular conduct.

Cite this section

Section 341, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/341/