Section 78: Transfer to successor-in-interest
The Companies Act, 2017 · Federal Acts · in_force
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78. Transfer to successor-in-interest.—The shares or other securities of a deceased member shall be transferred on application duly supported by succession certificate or by lawful award, as the case may be, in favour of the successors to the extent of their interests and their names shall be entered in the register of members.
Effective date: 2017-05-30
Related sections
Section 77: Notice of refusal to transferSection 79: Transfer to nominee of a deceased memberSection 76: Restriction on transfer of shares by the members of a private companySection 80: Appeal against refusal for registration of transferSection 75: Board not to refuse transfer of sharesSection 81: Application of premium received on issue of shares
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