Section 672 Companies and Allied Matters Act (CAMA) 2020
Section 672 CAMA 2020 Section 672 Companies and Allied Matters Act is about Responsibility for fraudulent trading. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) If, in the course of the winding-up of a company, it appears that any business of the company has been carried on […]
Section 671 Companies and Allied Matters Act (CAMA) 2020
Section 671 CAMA 2020 Section 671 Companies and Allied Matters Act is about Liability where proper accounts not kept. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) If, where a company is wound up, it is shown that proper books of account were not kept by the […]
Section 670 Companies and Allied Matters Act (CAMA) 2020
Section 670 CAMA 2020 Section 670 Companies and Allied Matters Act is about Fraud by officers of companies in liquidation. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. A person who, being at the time of the commission of the alleged offence is an officer, of a company […]
Section 669 Companies and Allied Matters Act (CAMA) 2020
Section 669 CAMA 2020 Section 669 Companies and Allied Matters Act is about Falsification of books. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. An officer or contributory of any company being wound up who destroys, mutilates, alters or falsifies books, papers or securities, or makes or is […]
Section 668 Companies and Allied Matters Act (CAMA) 2020
Section 668 CAMA 2020 Section 668 Companies and Allied Matters Act is about Offences by officers of company in liquidation. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) If any person, being a past or present officer of a company which at the time of the commission […]
Section 667 Companies and Allied Matters Act (CAMA) 2020
Section 667 CAMA 2020 Section 667 Companies and Allied Matters Act is about Duty of sheriff as to goods taken in execution. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Subject to the provisions of subsection (3), where any goods of a company are taken in execution […]
Section 666 Companies and Allied Matters Act (CAMA) 2020
Section 666 CAMA 2020 Section 666 Companies and Allied Matters Act is about Restriction of rights of creditor as to execution,etc., on winding-up of company. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Where a creditor issues execution against any goods or land of a company, or […]
Section 665 Companies and Allied Matters Act (CAMA) 2020
Section 665 CAMA 2020 Section 665 Companies and Allied Matters Act is about Supplies of gas, water,electricity,etc. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) This section applies in the case of a company where— (a) the company enters administration ; (b) a company voluntary arrangement approved […]
Section 664 Companies and Allied Matters Act (CAMA) 2020
Section 664 CAMA 2020 Section 664 Companies and Allied Matters Act is about Persons injured. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. Any person injured by the operation of a disclaimer under section 663 is deemed to be a creditor of the company to the amount of […]
Section 663 Companies and Allied Matters Act (CAMA) 2020
Section 663 CAMA 2020 Section 663 Companies and Allied Matters Act is about Disclaimer of onerous property. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Where any part of the property of a company which is being wound up consists of— (a) unprofitable contracts ; or (b) […]