CAC to Strike Off Companies from Register
What’s Happening? The Corporate Affairs Commission (CAC) has officially commenced the process of delisting approximately 100,000 companies from its corporate registry. These are entities identified as dormant, inactive for 10 years or more, or in breach of statutory filing obligations under CAMA 2020. Legal Basis: CAMA 2020 Sections 692(3) & (4) Under Sections 692(3) and […]
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