Change of Trustee for Incorporated Trustees

NGN35,000.00

Update Your Incorporated Trustees' Leadership Records with CAC

Ensure your NGO, Church, Association, or Society maintains accurate trustee records in line with CAC regulations. SplashDict’s CAC-accredited experts handle the entire process for you.

✔ Filing of Notice of Change or Appointment of Trustee with CAC.

✔ All costs covered: CAC fees, publication in two newspapers, and more.

✔ Receive an updated CAC Status Report.

✔ Fast processing: 5-6 weeks.

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Key Features of Change of Trustee for Incorporated Trustees

Legal Compliance: Organizations must officially update their trustee details with CAC to maintain regulatory compliance.
Leadership Continuity: Maintains effective governance by appointing new trustees or replacing inactive ones without disrupting operations.
Formal Approval: Requires a resolution passed at a general meeting, signed by the Chairman and Secretary.
Trustee Eligibility: New trustees must meet qualification criteria, including no history of fraud, bankruptcy, or unsound mind.

Requirements for Change or Appointment of Additional Trustees with CAC

Incorporated Trustee Information: Registration Number, Business name in full, Nature of business, and Date of the change (dd/mm/yyyy).
Reason for Change 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 - Full Name, date of birth, gender, nationality, phone number, email, occupation, Valid government-issued ID, address information (service address and residential address), and passport photograph.
Newspaper Publications: Publish a Notice of Application in two newspapers (1 local, 1 national). The notice must include - Names of old trustees (indicating those to be removed), Names of proposed new trustees, Invitation for objections within 28 days of publication, Submit proof of publication (date, newspaper name, and page number).
Minutes of Meeting: Provide extracts of the general meeting where the change or appointment was adopted. The minutes must - List members present, State reasons for the change or removal of trustees, Show the voting pattern; and be signed by the Chairman and Secretary.
Trustees’ Declaration Forms, deposed to at a High Court by each new trustee.
Updated Annual Returns Filing: Ensure all annual returns for the Incorporated Trustees are up-to-date before filing for the change.
Authorization: The application must be signed by the trustees, secretary, or an authorized representative of the association.

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Benefits of Incorporated Trustees Registration

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 Change or Appointment of Trustees with CAC

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

Application Submission: We handle the entire filing process for the Notice of Change or Appointment of Trustee with the Corporate Affairs Commission (CAC).
Documentation: We manage all required documents, including - Minutes of meetings approving the change or appointment, Trustees’ declaration forms (deposed at High Court), and Newspaper publication notices as required by law.
Transparent Pricing: All CAC filing fees and statutory charges are covered—no hidden costs.
Quick Turnaround: Receive an updated CAC Status Report within 5 to 6 weeks.
Ongoing Support: We provide ongoing assistance for compliance and future statutory needs.