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Thursday, December 26, 2024

CAC delists Dunlop, Mitsubishi, Innoson “Vinod”, 80,000 other companies

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The Corporate Affairs Commission (CAC) has removed companies from its registry that failed to submit their annual returns for the last decade.

Previously, on July 25, the CAC had announced its intention to purge inactive companies from its records, providing 90 days for non-compliant entities to address the issue.

In a statement on Wednesday, the CAC confirmed that companies not meeting these requirements have been officially delisted.

“The public may recall that the CAC issued a notice regarding plans to strike off companies believed to be inactive or non-operational due to a decade-long failure to file annual returns,” the CAC explained.

The commission highlighted that companies were given 90 days to submit the required annual returns and email activation@cac.gov.ng to confirm compliance.

Companies that completed these steps remain listed, while those who did not were removed from the registry.

Exercising its authority under Section 692(4) of the Companies and Allied Matters Act No. 3 of 2020, the CAC posted the list of delisted companies on its website (www.cac.gov.ng).

According to The Cable, these companies are now considered dissolved from the publication date, and the CAC cautioned that any business transactions with them are unlawful.

Below are a few of the delisted companies:

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.

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