How to remove a Trustee of a Non-Profit Organisation In Nigeria

How to remove a Trustee of a Non-Profit Organisation In Nigeria

July 13, 2022

Section 834 of the Companies and Allied Matters Act 2020 stipulates the requirement and procedure for the removal of a trustee of a non-profit organisation in Nigeria.

To remove a trustee of a non-profit organisation, a resolution for removal of the trustee must be passed at a general meeting of the organisation, after which a 28 days notice of removal will be displayed at the premises of the foundation for everyone to see. Any one who has an objection can write to the commission within the 28 days period objecting to the removal the trustee.

An application for the removal of a trustee must also include a 28 days newspaper publication in two daily newspapers, minutes of meeting, completed trustee’s declaration form(s) and such other documents that may be required to be submitted upon application on the CAC post incorporation site.

It is important to note that the minimum requirement or composition of trustees of a non-profit organisation is two(2), so where there are just two trustees, for removal to be effective there must be an appointment of another trustee.

Team 618 Bees

 

618 Bees can quickly and easily help you remove/appoint a trustee for your non-profit organisation in Nigeria. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079. 618 Bees will complete your application with the Corporate Affairs Commission (CAC).

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

More Articles

Search

Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • What is a testimonium clause in an agreement?

    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.

  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.

  • What is data protection?

    Data protection is a legal process of protecting sensitive data.

  • What is the importance of registering a patent?

    The main reason to register a patent is to ensure that the inventor is able to exclusively commercially exploit an invention. The rights to a patent are vested in the “Statutory Inventor” i.e. the first person to file and register the patent.

  • When can I start renewal of the registration of my product(s) with NAFDAC?

    You can start renewal 6 months to the date of expiry.

  • How many shareholders do I need to start a company?

    A minimum of one (1) adult shareholder is required to form a company.

  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.

Call Us Now on +234 901 719 0079 Chat on WhatsApp