case law from companies act

This query is : Resolved 

06 April 2010 the articles provided the shares of a member who became bankrupt would be offered for sale to other shareholders at a certain price.is the provision binding on the shareholders?

07 April 2010 Yes, but it would be only applicable where some amount is unpaid on the shares issued to the shareholder and not otherwise.

10 April 2010 agreed




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