The Committee of Inspection, or if there is no such committee, the creditors, may fix the remuneration to be paid to the liquidator or liquidators.
Companies and Allied Matters Act 2020 · Part B · Chapter 22
Section 638Fixing of liquidators’ remuneration
Cite as: Companies and Allied Matters Act 2020, section 638
What this section means
From the guide: Voluntary winding up under CAMA 2020: members’ and creditors’ winding up
Sections 620 to 653 explain when a company can wind itself up, the declaration of solvency, and how members’ and creditors’ winding up differ.
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.