The Administrator of a company shall exercise the additional powers specified in Eleventh Schedule to this Act.
Companies and Allied Matters Act 2020 · Part B · Chapter 18
Section 497Additional powers of administrator
Cite as: Companies and Allied Matters Act 2020, section 497
What this section means
From the guide: What is administration of a company under CAMA 2020?
Administration puts an administrator in charge of a struggling company. Here is how it starts, what it freezes, and the deadlines under sections 443 to 549.
Read the whole subject
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.