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Companies and Allied Matters Act 2020 · Part B · Chapter 21

Section 570Jurisdiction as to winding-up

(1)
The Court having jurisdiction to wind up a company is the Federal High Court within whose area of jurisdiction the registered office or head office of the company is situate.
(2)
For the purpose of this section, “registered office” or “head office” means the place which has longest been the principal place of business of the company during the six months immediately preceding the presentation of the petition for winding-up.
Cite as: Companies and Allied Matters Act 2020, section 570

What this section means

From the guide: When is a company unable to pay its debts under CAMA 2020?

  • The court with jurisdiction is the Federal High Court for the area where the company’s registered or head office is, meaning the place that has been its principal place of business for longest in the six months before the petition (section 570).

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.