COMPANIES AND ALLIED MATTERS ACT, 2020

Section 624: Avoidance of transfer, etc, after commencement of voluntary winding-up.

2020Section 624 of 870Federal Republic of Nigeria

A transfer of shares, not being a transfer made to or with thesanction of the liquidator, and any alteration in the status of the members of the company, made after the commencement of a voluntary winding-up, shall be void.

Cite this section

Section 624, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/624/