Every liquidator of a company which is being wound up by the Court shall, in the manner prescribed, keep proper books in which he shall cause to be made entries or minutes of proceedings at meetings and of other matters as may be prescribed, and a creditor or contributory may, subject to the control of the Court, personally or by his agent inspect the books.
Companies and Allied Matters Act 2020 · Part B · Chapter 21
Section 593 Books to be kept by liquidator
Cite as: Companies and Allied Matters Act 2020, section 593
What this section means
From the guide: Liquidators, the official receiver and the committee of inspection under CAMA 2020
- He must send the Commission an account of receipts and payments at least twice a year, which the Commission audits, and keep proper books of the proceedings (sections 592 and 593).
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.