n Without Prejudice - A dematerialised principle : company law
|Article Title||A dematerialised principle : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||May 2014|
|Pages||18 - 19|
Under the old Companies Act it became settled law that shares had become "dematerialised" - that is, that ownership of shares could be lawfully transferred without the necessity of delivering an instrument of title. This article considers whether the new Companies Act may constitute a retrogressive step on the path of dematerialisation.
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