Section 236 CAMA 2020

Non-compliance and penalty

Without prejudice to the provisions of section 567 of this Act, if a company fails to comply with the requirements of section 235 of this Act, the company and any officer in default commits an offence and are liable to a fine for everyday during which the default continues in such amount as the Commission shall specify in its regulations.

See also  Section 524 Companies and Allied Matters Act (CAMA) 2020

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