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Companies and Allied Matters Act 2020 · Part B · Chapter 9

Section 234Application of certain sections

Subject to the provisions of this Part of this Act and unless the context otherwise admits, the provisions of sections 171, 172, 175, 177, 180 and 181 of this Act relating to share certificates and transfer of shares shall apply in respect of shares as if “debentures” were substituted for “shares” and “debenture holders” for “shareholders”.
Cite as: Companies and Allied Matters Act 2020, section 234

What this section means

From the guide: Debentures, floating charges and debenture trust deeds under CAMA 2020

Sections 191 to 214 and 232 to 233 cover borrowing, debentures, fixed and floating charges, trust deeds and enforcement.

Read the whole subject

Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.