Section 629 CAMA 2020 Section 629 Companies and Allied Matters Act is about Liquidator to call creditors’ meeting on insolvency. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) If, in the case of a winding-up commenced after the commencement of this Act, the liquidator is,…

Section 628 CAMA 2020 Section 628 Companies and Allied Matters Act is about Power to fill vacancy in office of liquidators. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) If a vacancy occurs by death, resignation or otherwise in the office of a liquidator appointed…

Section 627 CAMA 2020 Section 627 Companies and Allied Matters Act is about Power to appoint liquidators. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) The company in general meeting shall appoint one or more liquidators for the purpose of winding-up the affairs and distributing…

Section 626 CAMA 2020 Section 620 Companies and Allied Matters Act is about Provisions applicable to a members’ voluntary winding-up. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. Sections 627-633 of this Act, subject to the alternative provision in section 632 of this Act, apply in…

Section 625 CAMA 2020 Section 625 Companies and Allied Matters Act is about Statutory declaration of solvency where proposal to wind-up voluntarily. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) Where on or after the commencement of this Act, it isproposed to wind up a…

Section 624 CAMA 2020 Section 624 Companies and Allied Matters Act is about Avoidance of transfer,etc, after commencement of voluntary winding-up. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. A transfer of shares, not being a transfer made to or with the sanction of the liquidator,…

Section 623 CAMA 2020 Section 623 Companies and Allied Matters Act is about Effect of voluntary winding-upon business of company. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. In case of voluntary winding-up, the company shall, from the commencement of the winding-up, cease to carry on…

Section 622 CAMA 2020 Section 622 Companies and Allied Matters Act is about Commencement of voluntary winding-up. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. A voluntary winding-up shall be deemed to commence at the time of the passing of the resolution for voluntary winding-up.

Section 621 CAMA 2020 Section 621 Companies and Allied Matters Act is about Notice of resolution to wind-up voluntarily. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) If a company passes a resolution for voluntary winding-up it shall, within 14 days after the passing of…

Section 620 CAMA 2020 Section 620 Companies and Allied Matters Act is about Circumstances in which company may be wound-up voluntarily. It is under Chapter 22 (Voluntary winding-up resolutions for and commencement of voluntary winding-up) of the Act. (1) Any company may be wound up voluntarily— (a) when the period, if any, fixed for the…