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Section 523 Companies and Allied Matters Act (CAMA) 2020

Section 523 CAMA 2020

Section 523 Companies and Allied Matters Act is about Discharge of administration order on cessation of administration. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

(1) This section applies where—

(a) the Court makes an order under this Chapter providing for the appointment of an administrator of a company to cease to have effect ; and

(b) the administrator was appointed by administration order.

(2) The Court shall discharge the administration order.

See also  Section 402 Companies and Allied Matters Act (CAMA) 2020

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