Category: Nigeria


  • Section 686 CAMA 2020 Section 686 Companies and Allied Matters Act is about Meetings to ascertain wishes of creditors and others. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) The Court may, as to all matters relating to the winding-up ofa company, have regard to the wishes…

  • Section 685 CAMA 2020 Section 685 Companies and Allied Matters Act is about Power to make over assets to employees. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) On the winding-up of a company, whether by the Court or voluntarily, the liquidator may, subject to subsections (2)…

  • Section 684 CAMA 2020 Section 684 Companies and Allied Matters Act is about Resolutions passed at adjourned meetings of creditors. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. Where a resolution is passed at an adjourned meeting of creditors or contributories of a company, the resolution shall, for…

  • Section 683 CAMA 2020 Section 683 Companies and Allied Matters Act is about Information as to pending liquidations and disposal of unclaimed assets. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Where a company is being wound up, and the winding-up isn’t concluded within one year after…

  • Section 682 CAMA 2020 Section 682 Companies and Allied Matters Act is about Disposal of books and other papers of company. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Where a company is being wound up and is about to be dissolved, the books and papers of…

  • Section 681 CAMA 2020 Section 681 Companies and Allied Matters Act is about Books of company to be evidence. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. Where a company is being wound up, all books and papers of the company and of the liquidators shall, as between…

  • Section 680 CAMA 2020 Section 680 Companies and Allied Matters Act is about Exemption from stamp duty. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) In the case of a winding-up by the Court or a creditors’voluntary winding-up — (a) every assurance relating to any property of…

  • Section 679 CAMA 2020 Section 679 Companies and Allied Matters Act is about Notification that a company is in liquidation. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) Where a company is being wound up, whether by, or under the supervision of, the Court or voluntarily, every…

  • Section 678 CAMA 2020 Section 678 Companies and Allied Matters Act is about Enforcement of duty of liquidator to make returns. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. (1) If a liquidator makes default in filing, delivering or making any return, account or other document, or in…

  • Section 677 CAMA 2020 Section 677 Companies and Allied Matters Act is about Corrupt inducement affecting appointment as liquidator. It is under Chapter 24 (Provisions applicable to every mode of winding-up) of the Act. Any person who gives, agrees or offers to give to any member or creditor of a company any valuable consideration with…