CAC Moves To Delist 100,000 Inactive Companies From Registry

The Corporate Affairs Commission (CAC) has announced plans to delist around 100,000 dormant and non-compliant companies from its register, citing prolonged failure to meet statutory obligations under the Companies and Allied Matters Act (CAMA) 2020. According to the Commission, the affected companies have not filed annual returns or disclosed beneficial ownership information for over a … Continue reading CAC Moves To Delist 100,000 Inactive Companies From Registry