Section 525 CAMA 2020 Section 525 Companies and Allied Matters Act is about Resignation of administrator. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) An administrator may resign only in prescribed circumstances. (2) An administrator may resign only where he is appointed— (a) by administration order, by notice…

Section 524 CAMA 2020 Section 524 Companies and Allied Matters Act is about Notice to the Commission on cessation of administration. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where the Court makes an order under this Chapter providing for the appointment of an administrator…

Section 523 CAMA 2020 Section 523 Companies and Allied Matters Act is about Discharge of administration order on cessation of administration. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where— (a) the Court makes an order under this Chapter providing for the appointment of an…

Section 522 CAMA 2020 Section 522 Companies and Allied Matters Act is about Moving from administration to dissolution. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) If the administrator of a company thinks that the company has no property which might permit distribution to its creditors, he shall…

Section 521 CAMA 2020 Section 521 Companies and Allied Matters Act is about Moving from administration to creditors’ voluntary liquidation. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where the administrator of a company thinks that— (a) the total amount which each secured creditor of…

Section 520 CAMA 2020 Section 520 Companies and Allied Matters Act is about Public interest winding-up. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where a winding-up order is made for the winding-up of a company in administration on a petition presented under— (a) grounds…

Section 519 CAMA 2020 Section 519 Companies and Allied Matters Act is about Cessation of administration by Court on application of creditors. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) On the application of a creditor of a company, the Court may provide for the appointment of an…

Section 518 CAMA 2020 Section 518 Companies and Allied Matters Act is about Termination of administration where objective is achieved. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) This section applies where an administrator of a company is appointed under section 443 or 448 of this Act. (2)…

Section 517 CAMA 2020 Section 517 Companies and Allied Matters Act is about Cessation of administration by Court on application of administrator. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) On the application of the administrator of a company, the Court may provide for the appointment of an…

Section 516 CAMA 2020 Section 516 Companies and Allied Matters Act is about Form and extent of consent. It is under Chapter 18 (Administration of companies: nature of administration) of the Act. (1) Consent, for the purposes of section 513 (2) (b) of this Act,may be— (a) written ; or (b) signified at a creditors’…