Section 553 Companies and Allied Matters Act (CAMA) 2020
Section 553 CAMA 2020 Section 553 Companies and Allied Matters Act is about Receivers and managers appointed out of Court. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) A receiver or manager of any property or undertaking of a company appointed out of Court under a […]
Section 552 Companies and Allied Matters Act (CAMA) 2020
Section 552 CAMA 2020 Section 552 Companies and Allied Matters Act is about Appointment of receivers and managers by the Court. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) Notwithstanding the provisions of section 233 (1) (d) the Court may, on the application of a person […]
Section 551 Companies and Allied Matters Act (CAMA) 2020
Section 551 CAMA 2020 Section 551 Companies and Allied Matters Act is about Power of the court to appoint official receiver for debenture holders and other creditors. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. Where an application is made to the Court to appoint a receiver […]
Section 550 Companies and Allied Matters Act (CAMA) 2020
Section 550 CAMA 2020 Section 550 Companies and Allied Matters Act is about Disqualification for appointment as a receiver or manager. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) The following persons shall not be appointed or act as receivers or managers of any property or […]
Section 549 Companies and Allied Matters Act (CAMA) 2020
Section 549 CAMA 2020 Section 549 Companies and Allied Matters Act is about Interpretation of this Chapter. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) In this Chapter—“administrator” of a company means a person appointed under any of the means under this Chapter to manage the company’s affairs, […]
Section 548 Companies and Allied Matters Act (CAMA) 2020
Section 548 CAMA 2020 Section 548 Companies and Allied Matters Act is about Amendment of provision about time. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) The Chief Judge of the Federal High Court may by order amend a provision of this Chapter which— (a) requires anything to […]
Section 547 Companies and Allied Matters Act (CAMA) 2020
Section 547 CAMA 2020 Section 547 Companies and Allied Matters Act is about Period extended under sections 545 or 546. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. Where a period is extended under section 545 or 546, a reference to the period shall be taken as a reference […]
Section 546 Companies and Allied Matters Act (CAMA) 2020
Section 546 CAMA 2020 Section 546 Companies and Allied Matters Act is about Variation of time. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) A period specified in sections 483(5), 487 (1)(b), or 488 (2) of this Act may be varied in respect of a company by the […]
Section 545 Companies and Allied Matters Act (CAMA) 2020
Section 545 CAMA 2020 Section 545 Companies and Allied Matters Act is about Extension of time limit. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Where a provision of this Part provides that a period may be varied in accordance with this section, the period may be varied […]
Section 544 Companies and Allied Matters Act (CAMA) 2020
Section 544 CAMA 2020 Section 544 Companies and Allied Matters Act is about Penalties. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Unless otherwise provided, a person who commits an offence under this Chapter is liable on conviction to a fine of at least N200,000. (2) A person […]