Author: LawGlobal Hub


  • Section 175 CAMA 2020 Section 175 Companies and Allied Matters Act is about Transfer of shares. It is under Transfer And Transmission of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Transfer of shares (1) The transfer of a company’s shares shall be by instrument of transfer and except…

  • Section 174 CAMA 2020 Section 174 Companies and Allied Matters Act is about Prohibition of bearer shares. It is under Share Certificates of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Prohibition of bearer shares (1) No company has the power to issue bearer shares. (2) For the purposes…

  • Section 173 CAMA 2020 Section 173 Companies and Allied Matters Act is about Probate, etc., as evidence of grant. It is under Share Certificates of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Probate, etc., as evidence of grant The production to a company of any document which is…

  • 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 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 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 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 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 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 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…