COMPANIES ACT 1981 No. 89 of 1981 - SECT 180 Certificate to be evidence of title

COMPANIES ACT 1981 No. 89 of 1981 - SECT 180

180. (1) A certificate issued in accordance with sub-section (2) specifying
any shares held by a member of a company is prima facie evidence of the title
of the member to the shares.

(2) Such a certificate shall be under the common seal of the company or, in
the case of a share certificate relating to shares on a branch register, the
common or official seal of the company and shall state-

   (a)  the name of the company and the authority under which the company is
        constituted;

   (b)  the class of the shares; and

   (c)  the nominal value of the shares and the extent to which the shares are
        paid up.

(3) Failure to comply with this section does not affect the rights of a holder
of shares.

(4) If default is made in complying with this section, the company and any
officer of the company who is in default are each guilty of an offence.