Section 431 Companies and Allied Matters Act is about Employees’ shares and profit-sharing. It is under Chapter 16 (Annual returns) of the Act.
If under his contract of service, an employee is entitled to share inthe profits of the company as an incentive, he is entitled to share in the profits of the company, whether or not dividends have been declared.
Section 80 of the 1999 Constitution of Nigeria Section 80 of the Constitution of Nigeria 1999 is about Establishment of Consolidated Revenue Fund. It is under Chapter V (The
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
