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Law library · Sierra Leone · The Companies Act, 2009

Section 131, The Companies Act, 2009

In forceThe Companies Act, 2009, Sierra Leone

(1) Any person claiming to be interested in any shares orthe dividends or interest on them may protect his interest by serving on the company concerned a notice and affidavit of interest. (2) Notwithstanding section 77, the company shall enter on the register of members, the fact that such notice has been served and shall not register any transfer or make any payment or return in respect of the shares contrary to the terms of the notice until the expiration of 21 days notice to the claimant of the proposed transfer or payment. (3) In the event of any default by the company in complying with this section, the company shall compensate any person, injured by the default. Entry in transfers. Notice of refusal to Transfer by personal representatives. Recognition of executors’ etc. title to Protection of beneficiaries. 88 89

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