COMPANIES AND ALLIED MATTERS ACT, 2020

Section 494: Creditors’ Committee.

2020Section 494 of 870Federal Republic of Nigeria

(1) A creditors’ meeting may establish a Creditors’ Committee.
(2) A Creditors’ Committee shall perform functions conferred on it under this Act.
(3) A Creditors’ Committee may require the administrator to—
(a) attend on the Committee at any reasonable time of which he is given at least seven days’ notice; and
(b) provide the Committee with information about the exercise of his functions.

Cite this section

Section 494, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/494/