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CAC TO DE-LIST 38,717 DORMANT COMPANIES . The General Public is hereby notified that a list of 38,717 Names of Dormant Companies scheduled to be delisted in line with the provision of Section 525 of Companies and Allied Matters Act CAP C20 LFN 2004 for failing to file Annual Returns as and when due is available on the Commissionâ€™s website www.cac.gov.ng and all State offices for inspection.
All affected companies are advised to take steps to have their names removed from the list by filing the requisite annual returns and other statutory updates such as notice of appointment of Secretary, current directors and current registered office address on or before 31st December, 2015.
The remedial measure outlined above will be foreclosed when the list is gazetted.
Also, all other companies who have not filed their annual returns up to date are enjoined to do so to avoid the risk of having their names struck â€“ off from the Register of Companies.
The affected companies can still regain their companies name by doing all the needful. It is better to outsource the service to the professional organisation- Innerkonsult Ltd . The firm would contact the corporate affairs commission , find out the details on why the specific company was delisted and now take appropriate action like accounting service, audit and tax services and submission of the audited reports to CAC. At times , it may require legal adviser or lawyer, chartered Accountants or chartered sectary to do all the needful.
If the company owners did not come forward to claim the name, it would be delisted from the registered company names in Nigeria. If you have already registered a company but failed to file appropriate returns to CAC for many years , you are taking a great risk of delisting. You can contact a professional company Innerkonsult Ltd for professional assistance