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Section 563 Companies and Allied Matters Act (CAMA) 2020

Section 563 CAMA 2020

Section 563 Companies and Allied Matters Act is about Construction of references to receivers and managers. It is under Chapter 19 (Receivers and managers, appointment of receivers and managers) of the Act.

Any reference in this Act to—

(a) a receiver or manager of the property of a company, or to a receiver thereof, includes a reference to a receiver or manager, or to a receiver of part only of that property and to a receiver only of the income arising from that property or from part thereof ; and

(b) the appointment of a receiver or manager under powers contained in any instrument, includes a reference to an appointment made under powers which, by virtue of any enactment, are implied in and have effect as if contained in an instrument.

See also  Section 426 Companies and Allied Matters Act (CAMA) 2020

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