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Section 540 Companies and Allied Matters Act (CAMA) 2020

Section 540 CAMA 2020

Section 540 Companies and Allied Matters Act is about Concurrent administrators. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

(1) This section applies where two or more persons are appointed to act concurrently as the administrator of a company.

(2) A reference to the administrator of a company in this Chapter is a reference to any of the persons appointed or any combination of them

See also  Section 870 Companies and Allied Matters Act (CAMA) 2020

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