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Home » Nigeria CAMA 2020 » Section 60 Companies and Allied Matters Act 2020

Section 60 Companies and Allied Matters Act 2020

Section 60 CAMA 2020

Section 60 Companies and Allied Matters Act is about Application for re-registration as a public company. It is under Chapter 2 (Re-registration Of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act.

Application for re-registration as a public company

(1) An application for re-registration as a public company shall contain—
(a) a statement of the company’s proposed name on re-registration; and
(b) in the case of a company without a secretary, a statement of the company’s proposed secretary.

(2) The application shall be accompanied by—
(a) a copy of the special resolution that the company should re-register as a public company ;
(b) a copy of the company’s memorandum and articles as proposed to be amended ;
(c) a copy of the balance sheet and other documents referred to in section 58 (1) ; and
(d) if section 59 applies, a copy of the valuation report (if any) under subsection (2) (a) of that section.

(3) The statement of compliance required to be delivered together with the application is a statement that the requirements of this Part as to reregistration as a public company have been complied with.

(4) The Commission may accept the statement of compliance as sufficient evidence that the company is entitled to be re-registered as a public company.

See also  Section 13 Companies and Allied Matters Act 2020

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