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Section 178 Companies and Allied Matters Act 2020

Section 178 CAMA 2020

Section 178 Companies and Allied Matters Act is about Transfer by personal representative. It is under Transfer And Transmission of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Transfer by personal representative

A transfer of the share or other interest of a deceased member of a company made by his personal representative is, although the personal representative is not himself a member of the company, as valid as if he had been such a member at the time of the execution of the instrument of transfer.

See also  Section 565 Companies and Allied Matters Act (CAMA) 2020

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