COMPANIES AND ALLIED MATTERS ACT, 2020

Section 73: Issue of certificate of incorporation on reregistration of an unlimited company as a limited company

2020Section 73 of 870Federal Republic of Nigeria

(1) If, on an application for re-registration of an unlimited company as a limited company, the Commission is satisfied that the company is entitled to be so re- registered, the company shall be re-registered accordingly.
(2) The Commission shall issue a certificate of incorporation altered to meet the circumstances of the case.
(3) The certificate shall state that it is issued on re-registration and the date on which it is so issued.
(4) Upon the issue of the certificate—
(a) the company by virtue of the issue of the certificate becomes a limited company; and
(b) the changes in the company’s name, memorandum and articles take effect.
(5) The certificate is prima facie evidence that the requirements of this Act as to re-registration have been complied with.

Cite this section

Section 73, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/73/