Section 73 CAMA 2020

Section 73 Companies and Allied Matters Act is about Issue of certificate of incorporation on re-registration of an unlimited as a 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 of an unlimited as a limited company

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

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

(3) The certificate shall state that it is issued on re-registration and the date on which it is so issued.
(4) Upon the issue of the certificate—
(a) the company by virtue of the issue of the certificate becomes a limited company ; and
(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.