The Corporate Affairs Commission has announced plans delist one hundred thousand (100,000) companies from its register.
In a statement on Wednesday, the CAC said the moves is in pursuant to the provisions of Section 692(3) (3)and(4) of the Companies and Allied Matters Act, 2020.
” This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692(3) (3)and(4) of the Companies and Allied Matters Act, 2020.
“The list of the affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s Website www.cac.gov.ng”.
The CAC urge affected companies to file all outstanding annual returns and regularize their records within ninety (90) days of this notice, to avoid being delisted.
“The affected companies are hereby advised to take steps to file all outstanding Annual Returns and by extension Persons with Significant Control/Beneficial Ownership information) and regularize their records within ninety (90) days of this notice. Evidence of compliance should be sent to the designated email: struckoffcompanies@cac.gov.ng.
“Please note that companies that fail to comply within the stipulated timeline shall be struck off the Register without further notice.
“The Commission remains committed to providing prompt and efficient registration and regulatory services to the satisfaction of our valued customers”. The statement said
