Sections 529-535 of this Act shall apply where an administrator—
(a)
dies ;
(b)
resigns ;
(c)
is removed from office under section 524 of this Act ; or
(d)
vacates office under section 523 of this Act.
Companies and Allied Matters Act 2020 · Part B · Chapter 18
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.
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.