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Companies and Allied Matters Act 2020 · Part B · Chapter 18

Section 487 Creditors’ meeting

(1)
Subject to this Part, the administrator shall summon a meeting of the creditors of the company to be known as “creditors’ meeting”—
(a)
in the prescribed manner ; and
(b)
giving the prescribed period of notice to every creditor of the company of whose claim and address he is aware.
(2)
A period prescribed under subsection (1) (b) may be varied in accordance with section 546 of this Act.
(3)
A creditors’ meeting shall be conducted in accordance with the prescribed rules.
Cite as: Companies and Allied Matters Act 2020, section 487

What this section means

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Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.