CAC Issues 90-Day Ultimatum to 100,000 Companies over Non-Compliance

CAC issues 90-day ultimatum to 100,000 companies over non-compliance

The Corporate Affairs Commission, CAC, has issued a 90-day deadline to 100,000 companies to regularise their status or risk being delisted from its register. The Commission said the affected companies have either remained inactive for at least ten years or failed to meet key regulatory obligations under the Companies and Allied Matters Act, CAMA, 2020. CAC also in the notice to the affected companies said they failed to file their annual returns…

CAC to delist 100,000 dormant companies

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CAC to Delist Non-CAMA Compliant Companies in 90 Days

By Adedapo Adesanya The Corporate Affairs Commission (CAC) has given companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA) 2020 a 90-day window before striking off their names from its register. According to a public notice issued by the commission on Tuesday, the names of affected companies […]

90 Days or Gone: CAC to delist 100,000 inactive companies from business register

The Corporate Affairs Commission (CAC) has issued a 90-day notice to about 100,000 companies to file their annual report or be delisted from its business register.

CAC to Delist 100,000 Companies Dormant for 10 Years  - Economi Confidential

CAC to Delist 100,000 Companies Dormant for 10 Years  The Corporate Affairs Commission has announced plans to commence the striking off of a fresh batch of companies from its register. In a notice on its Instagram page on Tuesday, the Commission said the affected companies had failed to comply with the law. Late last year, […] The post CAC to Delist 100,000 Companies Dormant for 10 Years  appeared first on Economi Confidential.

CAC moves to strike off non-compliant companies - Worldstage

WorldStage Newsonline– The Corporate Affairs Commission (CAC) said it has commenced a new phase of striking off companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA), 2020. According to a public notice issued by the Commission on Tuesday, the names of affected companies have been published on the Commission’s official website. Companies found to be non-compliant must rectify their records within …