Sign inSign upSign in
Menu

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

Section 615Powers of Court cumulative

A power by this Act conferred on the court shall be in addition to and not in restriction of existing powers of instituting proceedings against contributory or debtor of the company, or the estate of a contributory or debtor, for the recovery of any call or other sums.
Cite as: Companies and Allied Matters Act 2020, section 615

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.