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        Companies Law

        Section 82 - Nature of shares or debentures.

        Companies Act, 1956
        Chapter IV
        SHARE CAPITAL AND DEBENTURES

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        Movable property: shares or debentures are transferable only in the manner prescribed by a company's articles. Shares and debentures constitute movable property representing a member's interest in a company and are transferable only in the manner provided by the company's articles; transfers must conform to the articles' procedures and restrictions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Movable property: shares or debentures are transferable only in the manner prescribed by a company's articles.

                              Shares and debentures constitute movable property representing a member's interest in a company and are transferable only in the manner provided by the company's articles; transfers must conform to the articles' procedures and restrictions.


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