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Full List: CAC Delists Dormant Companies for Failing to File Annual Reports
The Corporate Affairs Commission (CAC) delisted 32 companies for failing to submit annual reports for 10 years, declaring them dormant. Companies had a 90-day grace period to comply but did not. The delisted companies are considered dissolved, making it illegal to engage in transactions with them. A full list is available on the CAC website.
The Corporate Affairs Commission (CAC) has removed 32 companies from its register for failing to file their annual reports for a period of 10 years. This move indicates that these companies are dormant and no longer active.
Reason for Delisting
The CAC had issued a notice in July, giving the affected companies a 90-day grace period to file their outstanding annual reports and update their records. However, these companies failed to comply, leading to their delisting.
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Consequences of Delisting
The delisted companies are deemed to have been dissolved from the date of publication. It is illegal for anyone to enter into any transaction or deal with a company that has been dissolved.
List of Delisted Companies
Some of the delisted companies include:
- 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 full list of delisted companies can be found on the CAC website.
