Section 172 Companies and Allied Matters Act 2020

Section 172 CAMA 2020 Section 172 Companies and Allied Matters Act is about Effect of share certificate. It is under Share Certificates of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Effect of share certificate (1) A certificate, under the common seal of the company (where the company has […]

Section 171 Companies and Allied Matters Act 2020

Section 171 CAMA 2020 Section 171 Companies and Allied Matters Act is about Issue of share certificates. It is under Share Certificates of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Issue of share certificates (1) Every company shall, within two months after the allotment of any of its […]

Section 170 Companies and Allied Matters Act 2020

Section 170 CAMA 2020 Section 170 Companies and Allied Matters Act is about Shares to be numbered. It is under Numbering Of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Shares to be numbered Each share in a company having a share capital shall be distinguished by […]

Section 169 Companies and Allied Matters Act 2020

Section 169 CAMA 2020 Section 169 Companies and Allied Matters Act is about Construction of class rights. It is under Classes of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Construction of class rights In construing the provisions of a company’s articles in respect of the rights […]

Section 168 Companies and Allied Matters Act 2020

Section 168 CAMA 2020 Section 168 Companies and Allied Matters Act is about Right of a preference share to more than one vote. It is under Classes of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Right of a preference share to more than one vote (1) […]

Section 167 Companies and Allied Matters Act 2020

Section 167 CAMA 2020 Section 167 Companies and Allied Matters Act is about Application for cancellation of variation. It is under Classes of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Application for cancellation of variation (1) Where in pursuance of section 166, the rights attached to […]

Section 166 Companies and Allied Matters Act 2020

Section 166 CAMA 2020 Section 166 Companies and Allied Matters Act is about Power to vary rights. It is under Classes of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Classes of Shares (1) If at any time the share capital of a company is divided into […]

Section 165 Companies and Allied Matters Act 2020

Section 165 CAMA 2020 Section 165 Companies and Allied Matters Act is about Forfeiture of shares. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Forfeiture of shares (1) If a member fails to pay any call or instalment of […]

Section 164 Companies and Allied Matters Act 2020

Section 164 CAMA 2020 Section 164 Companies and Allied Matters Act is about Lien on shares. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Lien on shares (1) A company has a first and paramount lien on every share, […]

Section 163 Companies and Allied Matters Act 2020

Section 163 CAMA 2020 Section 163 Companies and Allied Matters Act is about Power to pay different amounts on shares. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Power to pay different amounts on shares Where it is authorised […]