Section 559 Companies and Allied Matters Act (CAMA) 2020

Section 559 CAMA 2020 Section 559 Companies and Allied Matters Act is about Information where receiver or manager appointed in respect of a floating charge. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) Where a receiver or manager of the whole or substantially the whole of […]

Section 558 Companies and Allied Matters Act (CAMA) 2020

Section 558 CAMA 2020 Section 558 Companies and Allied Matters Act is about Power of the Court to fix renumeration on application of liquidator. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) The Court may, on the application of the company or the liquidator, by order […]

Section 557 Companies and Allied Matters Act (CAMA) 2020

Section 557 CAMA 2020 Section 557 Companies and Allied Matters Act is about Liabilities of receivers and managers on contracts. 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 is personally liable on any contract […]

Section 556 Companies and Allied Matters Act (CAMA) 2020

Section 556 CAMA 2020 Section 556 Companies and Allied Matters Act is about Duties and powers of receivers and managers. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) A person appointed as a receiver of any property of a company shall, subject to the rights of […]

Section 555 Companies and Allied Matters Act (CAMA) 2020

Section 555 CAMA 2020 Section 555 Companies and Allied Matters Act is about Notification to the Commission that a receiver or manager has been appointed. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. (1) Where a receiver or manager of the property of a company has been […]

Section 554 Companies and Allied Matters Act (CAMA) 2020

Section 554 CAMA 2020 Section 554 Companies and Allied Matters Act is about Power of a receiver or manager appointed out of Court to apply to the Court for directions. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act. A receiver or manager of the property of a […]

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 […]