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Chapter 4 Shares And Debentures

Section 52 : Lien on shares

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A company may attach a share registered in the name of a shareholder and dividends payable thereon, as well, for all moneys due and payable by him/her to the company in respect of that share or for all moneys due and payable by him/her to the company under the prevailing law and recover such moneys by deducting the same from the dividends.

 

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Section 52 : Lien on shares

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