Home » Nigeria » Nigeria CAMA 2020 » Section 689 Companies and Allied Matters Act (CAMA) 2020

Section 689 Companies and Allied Matters Act (CAMA) 2020

Section 689 CAMA 2020

Section 689 Companies and Allied Matters Act is about Special commissioners for receiving evidence. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act.

(1) Where a company is in course of being wound up, all magistrates shall be commissioners for the purpose of taking evidence under this Act and the Court may refer the whole or any part of the examination ofany witnesses under this Act to any person appointed commissioner.

(2) Every commissioner shall, in addition to any power which he might lawfully exercise as a magistrate, have in the matter so referred to him the same powers as the Court, of—

(a) summoning and examining witnesses ;

(b) requiring the production or delivery of documents;

(c) punishing defaults by witnesses; and

(d) allowing costs and expenses to witnesses.

(3) The examination so taken shall be returned or reported to the Courtin such manner as that Court directs.

See also  Section 544 Companies and Allied Matters Act (CAMA) 2020

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others