Section 707 CAMA 2020 Section 707 Companies and Allied Matters Act is about Application for authorisation to act as insolvency practitioner. It is under Chapter 26 (Miscellaneous provisions applying to companies which are insolvent) of the Act. (1) Application may be made to the Commission for authorisation to act as an insolvency practitioner, and the…

Section 706 CAMA 2020 Section 706 Companies and Allied Matters Act is about Recognition of professional body by the Commission. It is under Chapter 26 (Miscellaneous provisions applying to companies which are insolvent) of the Act. (1) The Commission may, by an instrument or order, declare a body which appears to it to fall within…

Section 705 CAMA 2020 Section 705 Companies and Allied Matters Act is about Qualification of insolvency practitioner. It is under Chapter 26 (Miscellaneous provisions applying to companies which are insolvent) of the Act. (1) A person is only qualified to act as an insolvency practitioner where he— (a) has obtained a degree in law, accountancy…

Section 704 CAMA 2020 Section 704 Companies and Allied Matters Act is about Acting as insolvency practitioner. It is under Chapter 26 (Miscellaneous provisions applying to companies which are insolvent) of the Act. A person acts as an insolvency practitioner in relation to a companyby acting as its— (a) liquidator, provisional liquidator or official receiver…

Section 703 CAMA 2020 Section 703 Companies and Allied Matters Act is about Provisions of this Part to be cumulative. It is under Chapter 25 (Winding-up of unregistered companies) of the Act. The provisions of this Chapter of this Act with respect to unregistered companies shall be in addition to and not in restriction of…

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…

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…

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…

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…

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…