The Corporate Affairs Commission (CAC) has officially removed companies that failed to file their annual returns for the past decade from its register.
In a statement on Wednesday, the CAC confirmed the delisting, following its earlier notice on July 25. The notice had granted non-compliant companies a 90-day grace period to update their records or face removal.
“The general public may recall that the commission issued a notice of intention to strike off names of companies believed to be dormant or inactive due to their failure to file annual returns for 10 years,” the statement read.
The CAC reiterated that companies were required to comply within the statutory grace period by submitting their returns and sending an activation email to activation@cac.gov.ng. While compliant companies remain on the register, defaulters have been struck off.
Acting under Section 692(4) of the Companies and Allied Matters Act No. 3 of 2020, the commission published the list of dissolved companies on its website (www.cac.gov.ng).
The delisted entities are now considered dissolved as of the publication date, and the CAC cautioned the public against engaging in transactions with them, deeming such dealings illegal, according to The Cable.
Some of the delisted companies include:
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
Other affected companies can be found HERE
Big Brother Naija Season 7 winner, Josephine Ijeoma Otabor, also known as Phyna, has publicly…
Nigerian singer Yemi Alade has criticized prominent media outlets Cool FM and Clout Africa, accusing…
Senator Adamu Aliero, representing Kebbi Central, has announced that the Nigerian military successfully expelled the…
The Supreme Court has struck down the National Lottery Act of 2005, ruling that the…
As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…
The Senate on Thursday agreed with the House of Representatives' recommendation to replace the death…