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Section 152 Companies and Allied Matters Act 2020

Section 152 CAMA 2020

Section 152 Companies and Allied Matters Act is about Payment on allotment. It is under Allotment of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act.

Payment on allotment

Subject to the provisions of sections 160 – 163 of this Act, a company may, in its articles, make provision with respect to payments on allotment of its shares.

See also  Section 9 Companies and Allied Matters Act 2020

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