The Corporate Affairs Commission (CAC) has begun the removal of companies that do not comply with the provisions of the Companies and Allied Matters Act
2020 from the Register in accordance with the requirements of the Act.
This was contained in a circular circulated via the Internet and signed by the management.
Read Full Statement below;
The General Public is hereby informed that the Corporate Affairs Commission
(the Commission) has commenced the process of striking off companies that
have not complied with the provisions of the Companies and Allied Matters Act
2020 from the Register in accordance with the requirements of the Act. Names
of the companies to be struck off have been published on the Commission’s
website. Companies and the General Public are advised to check the website for the lists of the affected companies.
The affected companies should note that any company that fails to comply with
the provisions of the Act by taking steps to file its annual returns up to date
within 90 days of publication on the Commission’s website shall be struck off
the Register.
The General Public is advised that it shall be unlawful for any company struck
off the Register to carry on business unless it is first restored to the Register by an order of the Federal High Court.
This notice is pursuant to Section 692 (3) and (4) of the Companies and Allied
Matters Act 2020.
For more information and resources, kindly visit our website: www.cac.gov.ng
Signed:
Management