CAC to Delist 100,000 Inactive Companies

CAC to Delist 100,000 Inactive Companies

The Corporate Affairs Commission (CAC) has announced plans to delist 100,000 companies from its register over prolonged inactivity and non-compliance with statutory requirements under the Companies and Allied Matters Act (CAMA). According to a public notice issued by the Commission, the affected companies have been identified as either not carrying on business, inactive for at […]