The Corporate Affairs Commission, CAC, has announced plans to deregister One Hundred Thousand (100,000) companies, following failure of the companies to file their outstanding Annual Returns and regularize their records.
The Commission, in a statement signed by its management and dated Wednesday July 15, noted that the decision was pursuant to the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020.
According to the statement, list of the affected companies can be accessed at the Commission's Website cac.gov.ng, even as the companies were given 90days to regularize their records and send evidence of compliance to struckoffcompanies@cac.gov.ng.
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