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Home » Nigeria CAMA 2020 » Section 65 Companies and Allied Matters Act 2020

Section 65 Companies and Allied Matters Act 2020

Section 65 CAMA 2020

Section 65 Companies and Allied Matters Act is about Notice to Commission of Court application or order. It is under Chapter 2 (Re-registration Of Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Notice to Commission of Court application or order

(1) On making an application to the Court to cancel the resolution, the applicants, or the person making the application on their behalf, shall immediately give notice to the Commission, without prejudice to any provision of rules of court as to service of notice of the application.

(2) On being served with notice of any such application, the company shall immediately give notice to the Commission.

(3) Within 15 days of the making of the Court order on the application, or such longer period as the Court may at any time direct, the company shall deliver to the Commission a copy of the order.

(4) If default is made in complying with subsections (2) and (3), the
company and each officer of the company is liable to such penalty as the
Commission shall prescribe by regulation for every day during which the
default continues.

See also  Section 109 Companies and Allied Matters Act 2020

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