Acts Online
GT Shield

Companies Act, 1973 (Act No. 61 of 1973)

Chapter V: Share capital, Acquisition by Companies of own Shares, Shares, Allotment and Issue of Shares, Members and Register of Members, Debentures, Transfers, and Restrictions on Offering Shares for Sale

Shares

91. Nature of shares

 

 

The shares or other interest which any member has in a company shall be movable property, transferable in the manner provided by this Act and the articles of the company.