Section 429 CAMA 2020 Section 429 Companies and Allied Matters Act is about Unclaimed dividends. It is under Chapter 16 (Annual returns) of the Act. (1) Where dividends paid by a company remain unclaimed, the company shall publish in two national newspapers, a list of the unclaimed dividends and the names of the persons entitled…

Section 428 CAMA 2020 Section 428 Companies and Allied Matters Act is about Restriction on declaration and payment of dividends. It is under Chapter 16 (Annual returns) of the Act. A company shall not declare or pay dividend if there are reasonable grounds for believing that the company is or would be, after the payment,unable…

Section 427 CAMA 2020 Section 427 Companies and Allied Matters Act is about Distributable profits. It is under Chapter 16 (Annual returns) of the Act. (1) A company may pay dividends only out of profits available for the purpose. (2) The profits of a company available for payment of dividends are its accumulated, realised profits…

Section 426 CAMA 2020 Section 426 Companies and Allied Matters Act is about Declaration of dividends and payment of interim dividend. It is under Chapter 16 (Annual returns) of the Act. (1) A company may, in general meeting, declare dividends in respect of any year or other period only on the recommendation of the directors.…

Section 425 CAMA 2020 Section 425 Companies and Allied Matters Act is about Penalty for non-compliance with sections 417- 423. It is under Chapter 16 (Annual returns) of the Act. (1) If a company required to comply with any of the provisions of sections 417-423 fails to do so, the company and every director or…

Section 424 CAMA 2020 Section 424 Companies and Allied Matters Act is about Exception in certain cases of unlimited companies and small companies from requirements of section 422. It is under Chapter 16 (Annual returns) of the Act. (1) An unlimited company shall be exempted from therequirements of section 422 of this Act as to…

Section 423 CAMA 2020 Section 423 Companies and Allied Matters Act is about Certificate by private company and small company in annual return. It is under Chapter 16 (Annual returns) of the Act. (1) A private company shall send with the annual return required by sections 418, 419 or 420 of this Act a certificate…

Section 422 CAMA 2020 Section 422 Companies and Allied Matters Act is about Documents to be annexed to annual return. It is under Chapter 16 (Annual returns) of the Act. (1) Subject to the provisions of section 424 of this Act, there shall be annexed to the annual return— (a) a written copy, certified both…

Section 421 CAMA 2020 Section 421 Companies and Allied Matters Act is about Time for completion and delivery of annual return. It is under Chapter 16 (Annual returns) of the Act. (1) The annual return shall be completed, signed by a director and the secretary, and delivered to the Commission not later than 42 days…

Section 420 CAMA 2020 Section 420 Companies and Allied Matters Act is about Annual return by company limited by guarantee. Ninth Schedule. It is under Chapter 16 (Annual returns) of the Act. (1) The annual return by a company limited by guarantee shall be in the form prescribed in the Ninth Schedule or as near…