COMPANIES AND ALLIED MATTERS ACT, 2020
Section 151: Allotment as acceptance of contract.
2020Section 151 of 870•Federal Republic of Nigeria
An allotment of shares made and notified to an applicant in accordance with section 150 is an acceptance by the company of the offer by
the applicant to purchase its shares and the contract takes effect on the date on which the allotment is made by the company.
Cite this section
Section 151, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).
https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/151/