The Court shall adjust the right of the contributories among themselves and distribute any surplus among the persons entitled thereto.
Companies and Allied Matters Act 2020 · Part B · Chapter 21
Section 609 Adjustment of rights of contributors
Cite as: Companies and Allied Matters Act 2020, section 609
What this section means
From the guide: Winding up by the court under CAMA 2020: process, effects and court powers
Sections 573 to 619 explain the petition, when the winding up starts, what is void afterwards, the court’s powers and how the company ends.
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.