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 on behalf of the debenture holder or other creditors of a company which is being wound up by a court, an official receiver may be appointed.
Section 572 CAMA 2020 Section 572 Companies and Allied Matters Act is about Definition of inability to pay debts. It is under Chapter 21 (Winding-up by the court jurisdiction)
Section 571 CAMA 2020 Section 571 Companies and Allied Matters Act is about Circumstances in which companies may be wound up by Court. It is under Chapter 21 (Winding-up
Section 570 CAMA 2020 Section 570 Companies and Allied Matters Act is about Jurisdiction as to Winding-up. It is under Chapter 21 (Winding-up by the court jurisdiction) of the
Section 569 CAMA 2020 Section 569 Companies and Allied Matters Act is about Contributories in case of bankruptcy of member. It is under Chapter 20 (Winding-up of companies modes
