Company voluntary arrangements under CAMA 2020: sections 434 to 442
Chapter 17 covers company voluntary arrangements, which are proposals to creditors.
Chapter 17 of Part B has 9 sections. Every section is listed below with its title.
Guides in this chapter
Key rules in this chapter
- The nominee must be a qualified insolvency practitioner (section 434).
- The nominee reports to the court within 28 days (section 435).
- A decision can be challenged within 28 days for unfair prejudice or material irregularity (section 440).
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Source: the Companies and Allied Matters Act 2020 as published in the Official Gazette.