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Section 102: Shareholders not required to acquire shares by alteration to

Companies Act · PART IX: SHAREHOLDERS AND THEIR RIGHTS AND OBLIGATIONS

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

102. Shareholders not required to acquire shares by alteration to constitution Notwithstanding anything in the constitution of the company, a shareholder shall not be bound by an alteration of the constitution of a company that— (a) requires the shareholder to acquire or hold more shares in the company than the number held on the date the alteration is made; or (b) increases the liability of the shareholder to the company, unless the shareholder agrees in writing to be bound by the alteration. [Issue 1] C35 – 70 Revised Laws of Mauritius Sub-Part B – Powers of Shareholders

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