The Corporate Affairs Commission (CAC) has delisted several companies from its register for failing to file annual returns for over a decade. This action follows a 90-day grace period issued on July 25, during which companies were advised to update their records.
In a statement, the CAC explained that the decision was made under Section 692 (4) of the Companies and Allied Matters Act (CAMA) 2020, which grants the commission the authority to strike off dormant companies.
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“The general public may recall that the Commission issued a notice of intention to strike off names of companies believed to be dormant due to failure to file annual returns for 10 years. Despite a statutory grace period of 90 days, some companies failed to comply, leading to their removal,” the statement read.
Companies delisted are deemed dissolved as of the date of publication, and the CAC warned that it is illegal to engage in transactions with these entities.
Below are some of the delisted companies:
- Alfa Royal Ltd
- Jolly Food Ind. Ltd
- Dantama Biscuits Factory Ltd
- Honeycrown Manufacturing Company Limited
- Havila Gold Nigeria Limited
- Print Express Limited
- Hydeson and Avilson Nig Ltd
- Innoson “Vinod” International Limited
- Apapa Sea Stores Limited
- Citigate Limited
- Mutbish Guards Security Company Limited
- Safol Integrated Ventures Limited
- Eko Foods Limited
- Myers Klein & Goldsmith Ltd
- De-Luxe Colour Productions Limited
- Marina Investment Limited
- Dunlop Nigeria Industries Sales Limited
- Mitsubishi Shoji Kaisha Limited
The CAC encouraged companies to adhere to regulatory requirements to avoid similar actions in the future. A full list of delisted companies is available on the commission’s website, www.cac.gov.ng.
This move aims to maintain an updated corporate register and enhance transparency in Nigeria’s business environment.
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