Section 138 CAMA 2020
Section 138 Companies and Allied Matters Act is about Rights and liabilities attached to shares. It is under Chapter 8 (Shares and Nature of Shares) of PART B (Incorporation of Companies and Incidental Matters) of the Act.
Rights and liabilities attached to shares
Subject to the provisions of this Act, the rights and liabilities attaching to the shares of a company or any class thereof shall—
(a) be dependent on the terms of issue or the company’s articles ; and
(b) notwithstanding anything to the contrary in the terms or the articles, include the right to attend any general meeting of the company and vote at such a meeting.
