Section 586 CAMA 2020 Section 586 Companies and Allied Matters Act is about Custody of company’s property. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. In a winding-up by the Court the liquidator shall take into his custody, or under his control, all the property and choses in action to…

Section 585 CAMA 2020 Section 585 Companies and Allied Matters Act is about Appointment,remuneration and title of liquidators. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) The Court may appoint a liquidator or liquidators for the purpose of conducting the proceedings in winding-up a company and performing such duties…

Section 584 CAMA 2020 Section 584 Companies and Allied Matters Act is about Report by official receiver. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) If a winding-up order is made, the official receiver shall assoon as practicable after receipt of the statement to be submitted under section 583…

Section 583 CAMA 2020 Section 583 Companies and Allied Matters Act is about Statement of company’s affairs to be submitted to the official receiver. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) Where the Court has made a winding-up order or appointed a provisional liquidator there shall, unless the…

Section 582 CAMA 2020 Section 582 Companies and Allied Matters Act is about Definition of official receiver. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) For the purpose of this Act and so far as it relates to the winding-up of companies by the Court, “official receiver” means the…

Section 581 CAMA 2020 Section 581 Companies and Allied Matters Act is about Effect of winding-up order. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. An order for winding-up a company shall operate in favour of all the creditors and of all the contributories of the company as if made…

Section 580 CAMA 2020 Section 580 Companies and Allied Matters Act is about Actions stayed on winding-up order. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. If a winding-up order is made or a provisional liquidator is appointed,no action or proceeding shall proceed with or commence against the company except…

Section 579 CAMA 2020 Section 579 Companies and Allied Matters Act is about Copy of order to be forwarded to Commission. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. On the making of a winding-up order, a copy of the order shall immediately be forwarded by the company, or otherwise…

Section 578 CAMA 2020 Section 578 Companies and Allied Matters Act is about Commencement of a winding-up by the Court. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. (1) Where, before the presentation of a petition for the winding-up of a company by the Court, a resolution has been passed…

Section 577 CAMA 2020 Section 577 Companies and Allied Matters Act is about Avoidance of attachments. It is under Chapter 21 (Winding-up by the court jurisdiction) of the Act. Where a company is being wound up by the Court, any attachment,sequestration, distress or execution put in force against the estate or effects of the company…