Section 652 Companies and Allied Matters Act (CAMA) 2020
Section 652 CAMA 2020 Section 652 Companies and Allied Matters Act is about Power of Court to appoint and remove liquidators. It is under Chapter 23 (Winding-up subject to supervision of court) of the Act. (1) Where an order is made for a winding-up subject to supervision,the Court may, by the same or any subsequent […]
Section 651 Companies and Allied Matters Act (CAMA) 2020
Section 651 CAMA 2020 Section 651 Companies and Allied Matters Act is about Application of sections 576 and 577. It is under Chapter 23 (Winding-up subject to supervision of court) of the Act. A winding-up subject to the supervision of the court shall, for the purposes of sections 576 and 577 of this Act, be […]
Section 650 Companies and Allied Matters Act (CAMA) 2020
Section 650 CAMA 2020 Section 650 Companies and Allied Matters Act is about Effect of petition for winding-up subject to supervision. It is under Chapter 23 (Winding-up subject to supervision of court) of the Act. A petition for the continuance of a voluntary winding-up subject to the supervision of the Court shall, for the purpose […]
Section 649 Companies and Allied Matters Act (CAMA) 2020
Section 649 CAMA 2020 Section 649 Companies and Allied Matters Act is about Power to order winding-up subject to supervision. It is under Chapter 23 (Winding-up subject to supervision of court) of the Act. If a company passes a resolution for voluntary winding-up, the Court may on petition order that the voluntary winding-up shall continue […]
Section 648 Companies and Allied Matters Act (CAMA) 2020
Section 648 CAMA 2020 Section 648 Companies and Allied Matters Act is about Saving of rights of creditors and contributories. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. The voluntary winding-up of a company shall not bar the right of any creditor or contributory to have […]
Section 647 Companies and Allied Matters Act (CAMA) 2020
Section 647 CAMA 2020 Section 647 Companies and Allied Matters Act is about Costs of voluntary winding-up. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. All costs, charges and expenses properly incurred in the winding-up, including the remuneration of the liquidator, shall be payable out of […]
Section 646 Companies and Allied Matters Act (CAMA) 2020
Section 646 CAMA 2020 Section 646 Companies and Allied Matters Act is about Power to apply to Court to determine questions or exercise powers. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) The liquidator or any contributory or creditor may apply to the Court to […]
Section 645 Companies and Allied Matters Act (CAMA) 2020
Section 645 CAMA 2020 Section 645 Companies and Allied Matters Act is about Power of Court to appoint and remove liquidator. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. If, in any voluntary winding-up, there is no liquidator acting, the Court may appoint a liquidator and […]
Section 644 Companies and Allied Matters Act (CAMA) 2020
Section 644 CAMA 2020 Section 644 Companies and Allied Matters Act is about Powers of liquidator in every voluntary winding-up. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) The liquidator may— (a) in the case of a members’ voluntary winding-up, with the sanction of special […]
Section 643 Companies and Allied Matters Act (CAMA) 2020
Section 643 CAMA 2020 Section 643 Companies and Allied Matters Act is about Distribution of property of company. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. Subject to the provisions of this Act as to preferential payments,the property of a company shall, on its winding-up, be […]