Powers of directors after appointment of liquidator

Related decisions

• PEFTI NIGERIA LIMITED V. UTUK (2023)→

  Court

  Supreme Court of Nigeria

  Judgment date

  6 January 2023

  Analysis of the Supreme Court decision involving Pefti Nigeria Limited and Utuk concerning winding up and claim rights under the Companies Act.

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  • 90-day appeal period→
  • Locus standi→
  • Statutory interpretation→
  • burden of proof under evidence act sections 131–133→
  • companies and allied matters act 1990, sections 410, 413, 414, 415(2), 422(9) and 500(1)(b)→
  • companies and allied matters act 2020, sections 573, 585(9)→
  • company winding up→
  • creditors’ and contributors’ right to protect company interests→