COMPANIES AND ALLIED MATTERS ACT, 2020

Section 538: Joint and concurrent administrators.

2020Section 538 of 870Federal Republic of Nigeria

(1) In this Chapter a reference to the appointment of—
(a) an administrator of a company includes a reference to the appointment of a number of persons to act jointly or concurrently as the Administrator of a company; and
(b) a person as administrator of a company includes a reference to the appointment of a person as one of a number of persons to act jointly or concurrently as the administrator of a company.
(2) The appointment of a number of persons to act as administrator of a company shall specify which functions, if any, are to be performed by—
(a) the persons appointed acting jointly; and
(b) any or all of the persons appointed.

Cite this section

Section 538, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/538/