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Companies and Allied Matters Act 2020 · Part B · Chapter 23

Section 651Application of sections 576 and 577

A winding-up subject to the supervision of the court shall, for the purposes of sections 576 and 577 of this Act, be deemed to be a winding-up by the Court.
Cite as: Companies and Allied Matters Act 2020, section 651

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.