Where a company is being wound up, all books and papers of the company and of the liquidators shall, as between the contributories of the company, be prima facie evidence of the truth of all matters purported to be recorded.
Companies and Allied Matters Act 2020 · Part B · Chapter 24
Section 681Books of company to be evidence
Cite as: Companies and Allied Matters Act 2020, section 681
What this section means
From the guide: Who gets paid first in a winding up under CAMA 2020
Sections 654 to 685 set the ranking of claims, the preferential debts and what happens to creditors already enforcing against the company.
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.