Section 81 CAMA 2020

Section 81 Companies and Allied Matters Act is about Annual report. It is under Chapter 3 (Foreign Companies) of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Annual report

(1) Every exempted foreign company shall deliver to the Commission, in every calendar year, a report in the form prescribed by the Commission.

(2) An exempted foreign company that fails to comply with the provisions of subsection (1), is liable to such penalty as the Commission shall specify by regulation, for every year of default.