COMPANIES AND ALLIED MATTERS ACT, 2020
Section 449: Conditions for making order.
2020Section 449 of 870•Federal Republic of Nigeria
A Court may make an administration order in relation to a company, where it is satisfied that the—(a) company is or is likely to become unable to pay its debts; and
(b) administration order is likely to achieve the purpose of administration.
Cite this section
Section 449, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).
https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/449/