BP (BP)

Evidence of title to shares following exercise of lien

43     A statutory declaration that the declarant is a Director or the Secretary of the Company and that a share has been duly forfeited or surrendered or sold to satisfy a lien of the Company on a date stated in the declaration shall be conclusive evidence of the facts therein stated as against all persons claiming to be entitled to the share. Such declaration, and the receipt of the Company for the consideration (if any) given for the share on the sale, re-allotment or disposal thereof, together with, in relation to a certificated share, the share certificate delivered to a purchaser or allottee thereof, shall (subject if necessary to the execution of an instrument of transfer or a transfer by a relevant system, as the case may be) constitute a good title to the share, and the person to whom the share is sold, re-allotted or disposed of shall be registered as the holder of the share and shall not be bound to see to the application of the purchase money (if any) nor shall his title to the share be affected by any irregularity or invalidity in the proceedings relating to the forfeiture, surrender, sale, re-allotment or disposal of the share.

Evidence
of title to shares following exercise of lien

43     A
statutory declaration that the declarant is a Director or the Secretary of the Company and that a share has been duly forfeited or
surrendered or sold to satisfy a lien of the Company on a date stated in the declaration shall be conclusive evidence of the facts
therein stated as against all persons claiming to be entitled to the share. Such declaration, and the receipt of the Company for the
consideration (if any) given for the share on the sale, re-allotment or disposal thereof, together with, in relation to a
certificated share, the share certificate delivered to a purchaser or allottee thereof, shall (subject if necessary to the execution
of an instrument of transfer or a transfer by a relevant system, as the case may be) constitute a good title to the share, and the
person to whom the share is sold, re-allotted or disposed of shall be registered as the holder of the share and shall not be bound to
see to the application of the purchase money (if any) nor shall his title to the share be affected by any irregularity or invalidity
in the proceedings relating to the forfeiture, surrender, sale, re-allotment or disposal of the share.