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Section 67 Companies and Allied Matters Act 2020

Section 67 CAMA 2020

Section 67 Companies and Allied Matters Act is about Issue of certificate of incorporation on re-registration as a private limited company. It is under Chapter 2 (Re-registration Of Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Issue of certificate of incorporation on re-registration as a private limited company

(1) If, on an application for re-registration as a private limited company, the Commission is satisfied that the company is entitled to be so reregistered, the company shall be re-registered accordingly.

(2) The Commission shall issue a certificate of incorporation altered to meet the circumstance.

(3) The certificate shall state that it is issued on re-registration and the date on which it is issued.

(4) Upon the issue of the certificate—
(a) the company by virtue of the issue of the certificate becomes a private limited company ;
(b) the changes in the company’s name, memorandum and articles take
effect.

(5) The certificate is prima facie evidence that the requirements of this Act as to re- registration have been complied with.

See also  Section 225 Companies and Allied Matters Act (CAMA) 2020

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