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Section 611 CAMA 2020 Section 611 Companies and Allied Matters Act is about Power to order costs of winding-up to be paid out of assets. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. The Court may, in the event of the assets being insufficient to satisfy the liabilities, make an…
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Section 610 CAMA 2020 Section 610 Companies and Allied Matters Act is about Inspection of books by creditors and contributories. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) The Court may, at any time after making a winding-up order,make such order for inspection of the books and papers of…
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Section 609 CAMA 2020 Section 609 Companies and Allied Matters Act is about Adjustments of rights of contributories. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. The Court shall adjust the right of the contributories among themselves and distribute any surplus among the persons entitled thereto.
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Section 608 CAMA 2020 Section 608 Companies and Allied Matters Act is about Power to exclude creditors not proving in time. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. The Court may fix a time or times within which creditors are to prove their debts or claims, or be excluded…
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Section 607 CAMA 2020 Section 607 Companies and Allied Matters Act is about Order on contributory to be conclusive evidence. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) An order made by the Court on a contributory shall, subject to any right of appeal, be conclusive evidence that money,…
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Section 606 CAMA 2020 Section 606 Companies and Allied Matters Act is about Power to order payment into companies’ liquidation account. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) The Court may order any contributory, purchaser or other person from whom money is due to the company to pay…
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Section 605 CAMA 2020 Section 605 Companies and Allied Matters Act is about Power of the Court to make calls. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) The Court may, at any time after making a winding-up order and either before or after it has ascertained the sufficiency…
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Section 604 CAMA 2020 Section 604 Companies and Allied Matters Act is about Payments by contributory to company and set-off allowance. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) The Court may, at any time after making a winding-up order,make an order on any contributory for the time being…
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Section 603 CAMA 2020 Section 603 Companies and Allied Matters Act is about Delivery of property to liquidator. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. The Court may, at any time after making a winding-up order require a contributory for the time being on the list of contributories and…
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Section 602 CAMA 2020 Section 602 Companies and Allied Matters Act is about Settlement of list of contributories and application of assets. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) As soon as may be after making a winding-up order, the Court shall settle a list of contributories, and…