Category: Nigeria
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Section 508 CAMA 2020 Section 508 Companies and Allied Matters Act is about Charged property :non-floating charge. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) The Court may by order enable the administrator of a company to dispose of property which is subject to a security other than…
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Section 61 of the 1999 Constitution of Nigeria Section 61 of the Constitution of Nigeria 1999 is about Vacancy or participation of strangers not to invalidate proceedings. It is under Chapter V (The legislature) of the Act. The Senate or the House of Representatives may act notwithstanding any vacancy in its membership, and the presence…
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Section 507 CAMA 2020 Section 507 Companies and Allied Matters Act is about Charged property: floating charge. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) The administrator of a company may dispose of or take action relating to property which is subject to a floating charge as if…
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Section 60 of the 1999 Constitution of Nigeria Section 60 of the Constitution of Nigeria 1999 is about Regulation of procedure. It is under Chapter V (The legislature) of the Act. Subject to the provisions of this Constitution, the Senate or the House of Representatives shall have power to regulate its own procedure, including the…
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Section 506 CAMA 2020 Section 506 Companies and Allied Matters Act is about Administrator as agent of company. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. In performing his functions under this Part, the administrator of a company acts as its agent.
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Section 59 of the 1999 Constitution of Nigeria Section 59 of the Constitution of Nigeria 1999 is about Mode of exercising Federal legislative power: money bills. It is under Chapter V (The legislature) of the Act. (1) The provisions of this section shall apply to- (a) an appropriation bill or a supplementary appropriation bill, including…
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Section 505 CAMA 2020 Section 505 Companies and Allied Matters Act is about Management of affairs of company. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Subject to subsection (2), the administrator of a companyshall manage its affairs, business and property in accordance with any— (a) proposal approved…
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Section 504 CAMA 2020 Section 504 Companies and Allied Matters Act is about Custody and control of property. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. The administrator of a company shall, on his appointment take custody or control of all the property to which he thinks the company…
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Section 58 of the 1999 Constitution of Nigeria Section 58 of the Constitution of Nigeria 1999 is about Mode of exercising Federal legislative power: general. It is under Chapter V (The legislature) of the Act. (1) The power of the National Assembly to make laws shall be exercised by bills passed by both the Senate…
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Section 57 of the 1999 Constitution of Nigeria Section 57 of the Constitution of Nigeria 1999 is about Unqualified person sitting or voting. It is under Chapter V (The legislature) of the Act. Any person who sits or votes in the Senate or the House of Representatives knowing or having reasonable grounds for knowing that…