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Companies and Allied Matters Act 2020 · Part B · Chapter 29

Section 742Application by the Commission to the Court for directions

(1)
The Commission may apply to the Court for directions in respect of any matter concerning its duties, powers and functions under this Act and, on any such application, the Court may give directions and make further order as it deems fit in the circumstances.
(2)
Notwithstanding the provision of subsection (1), the Commission may conduct enquiries with respect to the compliance with the provisions of this Act by any person or company.
Cite as: Companies and Allied Matters Act 2020, section 742

What this section means

From the guide: How CAMA 2020 applies: existing companies, court powers, offences and relief for officers

  • The Commission can apply to the court for directions on its duties and powers and conduct enquiries into compliance by any person or company (section 742).

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.