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Section 545 Companies and Allied Matters Act (CAMA) 2020

Section 545 CAMA 2020

Section 545 Companies and Allied Matters Act is about Extension of time limit. It is under Chapter 18 (Administration of companies: nature of administration) of the Act.

(1) Where a provision of this Part provides that a period may be varied in accordance with this section, the period may be varied in respect of a company—

(a) by the Court ; and

(b) on the application of the administrator.

(2) A time period may be extended in respect of a company under this section—

(a) more than once ; and

(b) after expiry.

See also  Section 470 Companies and Allied Matters Act (CAMA) 2020

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