Section 21
Custodian to issue fresh share certificates.
The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972
About this Act
An Act to provide for the acquisition and transfer of the undertaking of the Richardson and Cruddas Limited, for the reconstruction of the register of its members and for matters connected therewith or incidental thereto.
(1) The Custodian shall issue, in such form as may
be prescribed, fresh share certificate in relation to the shares which have been declared by the Tribunal as
representing, in reality, a contribution to the capital of the old company.
(2) All share certificates issued by the old company before the date of the determination made by the Tribunal shall, on and from such determination, stand cancelled.
(2) All share certificates issued by the old company before the date of the determination made by the Tribunal shall, on and from such determination, stand cancelled.