Section 542 Companies and Allied Matters Act is about Presumption of validity. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.
An act of the administrator of a company is valid in spite of a defect in his appointment or qualification.
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
Section 569 CAMA 2020 Section 569 Companies and Allied Matters Act is about Contributories in case of bankruptcy of member. It is under Chapter 20 (Winding-up of companies modes
