oltronics 1st directors meeting
DESCRIPTION
Meeting MinutesTRANSCRIPT
MINUTES OF THE MEETING OF DIRECTORS HELD AT BUSINESS CENTER ON 19 TH JULY 2015 AT 1600HRS.
PRESENT 1. Ann Kemunto Gichaba2. Jared Mogaka Maikuri3. Charles Onsare Gichaba4. Jadson Nyambane Marube5. Ezekiel Gichaba
AGENDA1. Introduction of directors2. Name of the company3. Domicile of the company4. Opening of the company account5. Share of capital6. No. of shares for the directors7. Positions of directors8. Signatories9. AOB
Mr. Gichaba chaired the first meeting of directors. He welcomed the directors and declared the meeting open. Elder Jadson Nyambane Marube gave a word of prayer.
Ezekiel Gichaba was requested to take minutes of the meeting.
01/Min07/15. Introduction of directorsThe names of the directors of the company are given as above.
02/Min07/15. Name of the companyThe name OLTRONICS SYSTEMS COMPANY LTD was noted and approved by the Registrar of Companies. The meeting adopted the name as the official name of the company.
03/ Min07/15. The domicile of the companyThe location of the company offices will be at Business Centre Ngong town. And its postal address will be P. O. Box 1154-00208 Ngong Hills.
04Min07/15. Company accountThe directors agreed to open the company bank account at Co-operative Bank Ngong branch.
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05/Min07/15. Share CapitalThe share capital was agreed and set at a nominal value of Kshs.100,000.
06/Min07/15. Number of shares for the directorsThe number of shares for the directors was set and agreed at 20%for each director.
07/Min/07/15. The positions of directorsThe directors agreed to share the management positions as followsCharles Onsare Gichaba ChairmanJadson Nyambane Marube Managing DirectorEzekiel Gichaba Technical DirectorJared Mogaka Maikuri Financial Director Ann Kemunto Gichaba Marketing Director
08/Min07/15. The SignatoriesThe meeting agreed and nominated the following directors to be signatory to the company bank account:-Charles Onsare GichabaJadson Nyambane MarubeJared Mogaka MaikuriEzekiel Gichaba
Any of the three signatories to sign but the chairman’s signature is a must.
09/Min07/15. AOBThere being no AOB meeting ended at 1700hrs.
C. O. Gichaba J. N. Marube J. M. Mogaka E. Gichaba
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