Section 489 Companies and Allied Matters Act (CAMA) 2020
Section 489 CAMA 2020 Section 489 Companies and Allied Matters Act is about Restrictions on summoning of initial creditors’ meeting. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Section 487 (1) of this Act does not apply where the statement of proposals states that the administrator thinks that— […]
Section 488 Companies and Allied Matters Act (CAMA) 2020
Section 488 CAMA 2020 Section 488 Companies and Allied Matters Act is about Requirement for initial creditors’ meeting. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Each copy of an administrator’s statement of proposals sent to a creditor under section 486 (4) (b) of this Act shall be […]
Section 487 Companies and Allied Matters Act (CAMA) 2020
Section 487 CAMA 2020 Section 487 Companies and Allied Matters Act is about Creditors’ meeting. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Subject to this Part, the administrator shall summon a meeting of the creditors of the company to be known as “creditors’ meeting”— (a) in the […]
Section 486 Companies and Allied Matters Act (CAMA) 2020
Section 486 CAMA 2020 Section 486 Companies and Allied Matters Act is about Administrator’s proposals. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) The administrator of a company shall make a statement setting out proposals for achieving the purpose of the administration. (2) A statement under subsection (1) […]
Section 485 Companies and Allied Matters Act (CAMA) 2020
Section 485 CAMA 2020 Section 485 Companies and Allied Matters Act is about Period within which to submit statement of affairs. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) A person required to submit a statement of affairs shall do so before the end of 11 working days […]
Section 484 Companies and Allied Matters Act (CAMA) 2020
Section 484 CAMA 2020 Section 484 Companies and Allied Matters Act is about Administrator to be provided with statement of affairs of company. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) As soon as is reasonably practicable after appointment, the administrator of a company shall, by notice in […]
Section 483 Companies and Allied Matters Act (CAMA) 2020
Section 483 CAMA 2020 Section 483 Companies and Allied Matters Act is about Announcement of administrator’s appointment. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where a person becomes the administrator of a company. (2) The administrator shall not later than 14 days— (a) send […]
Section 482 Companies and Allied Matters Act (CAMA) 2020
Section 482 CAMA 2020 Section 482 Companies and Allied Matters Act is about Details to be stated on documents. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) If a company is in administration, every business document issued by or on behalf of the company or the administrator, and […]
Section 481 Companies and Allied Matters Act (CAMA) 2020
Section 481 CAMA 2020 Section 481 Companies and Allied Matters Act is about Where administration application or administration order not yet granted. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where an administration application in respect of a company has been made and the application […]
Section 480 Companies and Allied Matters Act (CAMA) 2020
Section 480 CAMA 2020 Section 480 Companies and Allied Matters Act is about Moratorium on other legal process. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies to a company in administration. (2) Where a company is in administration, no step shall be taken to— (a) […]