Change of Trustee (Incorporated Trustees)

Change of Trustee (Incorporated Trustees)

NGN20,000.00

Filing a Notice of Change or Appointment of Additional Trustees for Incorporated Trustees informs the CAC of any changes to your non-profit's trustees, ensuring that your organization’s records remain accurate and compliant.

  • CAC filing fees included.
  • Receive an updated CAC Status Report.
  • 3 to 7 business days processing time.

 

Key Features of Change of Trustee for Incorporated Trustees

  • Legal Basis for Appointment: Under Section 598 of CAMA 2020, an Incorporated Trustee can appoint or remove its Chairman in accordance with the organization’s governing documents.

  • Resolution of Appointment: A resolution approving the appointment of the new Chairman must be passed at a general meeting. Extracts of the meeting minutes, signed by the existing Chairman and Secretary, are required for submission.

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Requirements for Changing Name of Trustee

  • Incorporated Trustee Information: Registration Number, Business name in full, Nature of business, and Date of the change (dd/mm/yyyy).

  • Reason for Change or Removal of Trustee: Specify the reason, such as removal, resignation, tenure expiration, or new appointment.

  • Details of the New Trustee(s): Provide the new Trustee's details (surname, first name, other names, date of birth, gender, nationality), contact details (phone number, email, occupation), Valid government-issued ID, and address information (service address and residential address).

  • Updated Annual Returns Filing: Before filing for any Post-registration changes, ensure that all annual returns for the Incorporated Trustees are up to date.

  • Authorization: The application must be signed by the trustees, secretary, or an authorized representative of the Association.

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Benefits of Filing a Notice of Change of Trustee for Incorporated Trustees

  • Legal Compliance: Ensures compliance with CAC, avoiding penalties for non-compliance.

  • Accurate CAC Records: Updates the Chairman’s details in the CAC, keeping your organization’s public records accurate and current.

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File Notice of Change of Trustee for Incorporated Trustees in Nigeria

Here's how SplashDict's CAC-accredited Chartered Secretaries can assist you:

  • Change of Trustee of Incorporated Trustees: We manage the entire Trustee change process with CAC on your behalf.

  • Documentation: All documents are carefully prepared and verified for accuracy.

  • Transparent Pricing: No hidden charges—all CAC and filing fees are included.

  • Quick Turnaround: Receive copy of the updated Status Report within 3 to 7 business days.

  • Ongoing Support: We provide continuous support for compliance and future statutory needs.

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