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Section 702 CAMA 2020 Section 702 Companies and Allied Matters Act is about Action stayed on winding-up order. It is under Chapter 25 (Winding-up of unregistered companies) of the Act. Where an order has been made for winding-up an unregistered company, no action or proceeding shall be proceeded with or commenced against any contributory of…
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Section 701 CAMA 2020 Section 701 Companies and Allied Matters Act is about Power of Court to stay or restrain proceedings. It is under Chapter 25 (Winding-up of unregistered companies) of the Act. The provisions of this Act with respect to staying and restraining actions and proceedings against a company at any time after the…
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Section 700 CAMA 2020 Section 700 Companies and Allied Matters Act is about Contributories in winding-up unregistered company. It is under Chapter 25 (Winding-up of unregistered companies) of the Act. (1) In the event of an unregistered company being wound up— (a) every person is deemed to be a contributory, who is liable to pay…
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Section 699 CAMA 2020 Section 699 Companies and Allied Matters Act is about Winding-up of unregistered company. It is under Chapter 25 (Winding-up of unregistered companies) of the Act. Subject to the provisions of this Part of this Act, an unregistered company may be wound up under this Act and all the provisions of this…
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Section 698 CAMA 2020 Section 698 Companies and Allied Matters Act is about Annual accounts of company winding-up and disposal. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) The Commission and every officer by whom fees are taken under this Act in relation to the winding-up of…
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Section 697 CAMA 2020 Section 697 Companies and Allied Matters Act is about Returns by officers in winding-up. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. The officers of the Courts acting in the winding-up of companies shall make to the Commission such returns of the business of…
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Section 695 CAMA 2020 Section 695 Companies and Allied Matters Act is about Investment of surplus funds in Government securities. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) If the cash balance standing to the credit of the Companies Liquidation Account is in excess of the amount…
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Section 694 CAMA 2020 Section 694 Companies and Allied Matters Act is about Companies liquidation account defined. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) There shall continue to be an account called the Companies Liquidation Account, kept on behalf of the Commission by the Accountant-General of…
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Section 693 CAMA 2020 Section 693 Companies and Allied Matters Act is about Property of dissolved company to be declared as bonavacantia. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. Where a company is dissolved, all property and rights whatsoever vested in or held on trust for the…
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Section 692 CAMA 2020 Section 692 Companies and Allied Matters Act is about Power of Commission to strike off defunct company. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) The Commission may strike off the name of a company fromthe register of companies if—(a) a special resolution…