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 SaleShares91. 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.