Home » Nigeria » Nigeria CAMA 2020 » Section 503 Companies and Allied Matters Act (CAMA) 2020

Section 503 Companies and Allied Matters Act (CAMA) 2020

Section 503 CAMA 2020

Section 503 Companies and Allied Matters Act is about Payments likely to achieve purpose of administration. Eleventh Schedule. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

The administrator may make a payment other than in accordance with section 497 or paragraph 13 of the Eleventh Schedule to this Act if he thinks it likely to assist achievement of the purpose of administration.

See also  Section 527 Companies and Allied Matters Act (CAMA) 2020

More Posts

Taxation and Development In Nigeria

Taxation and Development In Nigeria Nigeria, the largest economy in Africa ((African Giants: The 10 Largest Economies on the Continent (2025) Business Insider Africa https://africa.businessinsider.com/local/markets/african-giants-the-10-largest-economies-on-the-continent/lw6srcq)), is at an important

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Your email address will not be published.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