How do i amend the constitution of my NGO/Foundation?

How do i amend the constitution of my NGO/Foundation?

July 23, 2019

The constitution of a foundation is a document stating the following;

(a) The name or title of the association which shall not conflict with that of a company, or with a business name or trademark registered in Nigeria;

(b) The aims and objects of the association; and

(c) Make provisions, in respect of;

(i) appointment, powers, duties, tenure of office and replacement of the trustees;

(ii) the use and custody of the common seal;

(iii) the meetings of the association;

(iv) the number of members of the governing body, if any, the procedure for their appointment and removal, and

their powers; and

(v) where subscriptions and other contributions are to be collected, the procedure for disbursement of the funds

of the association, the keeping of accounts and the auditing of such accounts

To amend the foundation’s constitution, a simple majority of the members will pass a resolution and same will be approved by the Corporate Affairs Commission..

Reference- S. 593, 598 CAMA

Do you have any question or clarification regarding the topic in this post that was not answered or provided by this post? Or you have questions regarding what the law states about a particular legal issue? Log on to our website – www.618bees.com or call us on 23412803791 to speak to any of our consultants that are always on hand to provide answers to such questions.

Best Regards,

Team 618 Bees

 

 

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

  • What additional documents do I require to file my Annual Returns?
  • Do I need a Company Secretary?

    A limited liability company (LLC) must not have a company secretary.

  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.

  • What will happen if I buy the wrong category of forms with NAFDAC?

    Nothing, the purchased form will be in your account for future use.

     

  • Can I use the data collected legally for one purpose for another purpose?

    No, you can’t use the data collected for one purpose for a different purpose.

  • What is the basic criteria for registering a Design?

    The design must be new and original. This means that it must be a unique design not similar to an already existing design.

  • 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.

  • Who can be directors in my company?

    Any two adults can be directors in a company.

  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.

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