Category: Nigeria


  • Section 463 CAMA 2020 Section 463 Companies and Allied Matters Act is about Notice of intention to appoint. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Except where there is no secured creditor who has, or might have the right to appoint an administrator under section 452 of…

  • Section 462 CAMA 2020 Section 462 Companies and Allied Matters Act is about Effect of non-disposal of winding-up petition on appointment of administrator. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. An administrator of a company shall not be appointed under section 459 of this Act where— (a) a…

  • Section 461 CAMA 2020 Section 461 Companies and Allied Matters Act is about Effect of moratoriumon the appointment of administrator. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) If a moratorium for a company under this Part and any supportive schedule ends on a date when no voluntary…

  • Section 460 CAMA 2020 Section 460 Companies and Allied Matters Act is about Restrictions on power to appoint. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where an administrator of a company isappointed— (a) under section 450 of this Act ; or (b) on an…

  • Section 459 CAMA 2020 Section 459 Companies and Allied Matters Act is about Power to appoint by company or directors. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) A company may appoint an administrator out of Court. (2) The directors of a company may also appoint an administrator…

  • Section 458 CAMA 2020 Section 458 Companies and Allied Matters Act is about Invalid appointment and indemnity. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where— (a) a person purports to appoint an administrator under section 452 of this Act ; and (b) the appointment…

  • Section 457 CAMA 2020 Section 457 Companies and Allied Matters Act is about Notification of appointment. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) A person who appoints an administrator under section 450 of this Act shall notify the administrator and such other persons as may be prescribed…

  • Section 456 CAMA 2020 Section 456 Companies and Allied Matters Act is about Commencement of appointment of administrator under section 450. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. The appointment of an administrator under section 450 of this Act takes effect when the requirements of section 447 of…

  • Section 455 CAMA 2020 Section 455 Companies and Allied Matters Act is about Notice of appointment. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) A person who appoints an administrator of a company undersection 452 of this Act shall file with the Commission— (a) a notice of appointment…

  • Section 454 CAMA 2020 Section 454 Companies and Allied Matters Act is about When not to appoint administrator. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. An administrator shall not be appointed under section 452 of this Act if — (a) a floating charge on which the appointment relies…