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Law library · Sierra Leone · The Companies Act, 2009

Section 127, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) On the application of the transferor of any share orinterest in a company, the company shall enter in its register of members, the name of the transferee in the same conditions as if the application for the entry were made by the transferee. (2) Until the name of the transferee is entered in the register of members in respect of the transferred shares, the transferor shall, so far as concerns the company, be deemed to remain the holder of the shares.

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