Companies Act

A company is a separate legal entity under the law, and comprises directors, employees, shareholders and other members. A company may raise capital by issuing shares to the general public. A share can be defined as the interest of a shareholder in a company. The shareholders of a company are subject to certain rights and liabilities. A share of a company owned by a shareholder shall be a movable and transferable property as provided under the Articles of Association of a company.