COMPANIES AND ALLIED MATTERS ACT, 2020

Section 533: Replacement of administrator appointed by administration order.

2020Section 533 of 870Federal Republic of Nigeria

The Court may replace an administrator on the application of a person listed in section 529 (1) of this Act if the Court is satisfied that—(a) a person who is entitled to replace the administrator under sections 525-527 of this Act is not taking reasonable steps to make a
replacement; or
(b) for any other reason which, in the opinion of the Court, it is proper to make the replacement.

Cite this section

Section 533, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/533/