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 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 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 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…

Section 162 CAMA 2020 Section 162 Companies and Allied Matters Act is about Payment for shares of public companies other than in cash. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Payment for shares of public companies other than…

Section 161 CAMA 2020 Section 161 Companies and Allied Matters Act is about Meaning of payment in cash. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Meaning of payment in cash (1) Shares are not deemed to have been…

Section 160 CAMA 2020 Section 160 Companies and Allied Matters Act is about Payment for 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. Payment for shares Subject to the provisions of sections 161 and 162, the shares of…

Section 159 CAMA 2020 Section 159 Companies and Allied Matters Act is about Reserve liability of company having share capital. It is under Call on and Payment for Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Reserve liability of company having share capital A company limited by…

Section 158 CAMA 2020 Section 158 Companies and Allied Matters Act is about Call 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. Call on and Payment for Shares (1) Subject to the terms of the issue of…

Section 157 CAMA 2020 Section 157 Companies and Allied Matters Act is about Statement in balance sheet as to Commission. It is under Allotment of Shares of Chapter 8 of PART B (Incorporation of Companies and Incidental Matters) of the Act. Statement in balance sheet as to Commission (1) Where a company has paid any…