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The CAC has started the process of striking off 100,000 companies for failing to file annual returns and other required documents Affected companies have 90 days to update their records and submit proof of compliance to the CommissionCompanies that fail to comply within the deadline will be removed from the register without further notice
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
The Corporate Affairs Commission (CAC) has begun the process of removing 100,000 companies from Nigeria’s official register for failing to comply with statutory filing obligations.
The exercise, identified as Batch 6, targets companies that have not submitted outstanding annual returns and other mandatory corporate documents as required under the Companies and Allied Matters Act (CAMA), 2020.
CAC to Strike Off 100,000 Nigerian Companies, Gives 90-Day Deadline to Avoid DelistingSource: UGC
The Commission made the announcement in a public notice issued on Wednesday and signed
