Section 584 CAMA 2020
Section 584 Companies and Allied Matters Act is about Report by official receiver. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act.
(1) If a winding-up order is made, the official receiver shall assoon as practicable after receipt of the statement to be submitted under section 583 of this Act or where the Court orders that no statement be submitted, assoon as practicable after the date of the order, submit a preliminary report to the Court—
(a) as to the amount of capital issued, subscribed and paid up, and the estimated amount of assets and liabilities ;
(b) if the company has failed, as to the causes of the failure ; and
(c) whether, in his opinion, further inquiry is desirable as to any matter relating to the promotion, formation or failure of the company.
(2) The official receiver may, if he thinks fit, make further reports stating the manner in which the company was formed and whether, in his opinion,fraud has been committed by any person in its promotion or formation, or by any officer of the company in relation to the company since its formation andthe reports may include any other matters which, in his opinion, is desirable to bring to the notice of the court.
(3) If any further report under this section indicates the commission of fraud, the Court shall have the further powers provided in section 613 of this Act (which confers authority to order public examination of certain officials).
