Appointment Of Chairman

NGN 40,000.0

5 days

Corporate Amendment

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Description

Information about the compliance service

 A chairman of an incorporated trustee is the elected leader of the board of trustees responsible for overseeing the organization’s activities and ensuring compliance with its constitution and relevant laws. The chairman plays a crucial role in the governance and success of the incorporated trustee, helping to maintain its mission and integrity.  

Requirements

Info and documents needed for this service

  1. Extract of the minute of meeting.
  2. Trustee Details.

Process

Steps involved in this compliance service

  1. Login to the CAC portal.
  2. Fill the necessary forms.
  3. Pay fees

FAQs

Frequently asked questions about this service

  1. How are trustees nominated?                                                                                                                                                                  Trustees are usually nominated during a general meeting or through written proposals. The nomination process must be specified in the organization’s constitution. 
  2. Is registration with the Corporate Affairs Commission (CAC) necessary?                                                                                                      Yes, once a chairman is appointed, the organization must notify the CAC by submitting relevant forms and documents to ensure legal recognition. 
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