Section 61: Nature of shares or other securities
The Companies Act, 2017 · Federal Acts · in_force
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61. Nature of shares or other securities.—The shares or other securities of any member in a company shall be movable property transferable in the manner provided by the articles of the company.
Effective date: 2017-05-30
Related sections
Section 60A: Prohibition on issuance of bearer shares or bearer shares warrants, etc.Section 62: Shares certificate to be evidenceSection 60: Numbering of sharesSection 63: Issue of debenturesSection 59: Variation of shareholders’ rightsSection 64: Payment of certain debts out of assets subject to floating charge in priority to claims
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