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The Acceptance Letter For Transfer of Shares is a critical document in Nigerian corporate transactions, required when shares are being transferred between parties. This document is typically used after a share purchase agreement has been executed or when shares are being transferred as a gift or through inheritance. It must comply with the Companies and Allied Matters Act (CAMA) 2020 and other relevant Nigerian regulations. The letter serves as official confirmation that the transferee accepts the shares and understands the terms of the transfer. It typically includes details such as the number and class of shares, consideration paid, and any conditions attached to the transfer. This document is essential for updating the company's register of members and completing the necessary filings with the Corporate Affairs Commission.

1. Letter Header: Company letterhead, date, and reference number

2. Recipient Details: Full name and address of the transferor/company secretary

3. Subject Line: Clear indication that this is an acceptance of share transfer

4. Share Transfer Details: Specific details of shares being transferred including number, class, and distinctive numbers

5. Acceptance Statement: Clear statement accepting the transfer of shares

6. Consideration: Confirmation of the agreed purchase price or consideration for the shares

7. Compliance Statement: Statement confirming compliance with company's articles and applicable laws

8. Execution Block: Signature block with full name, designation, and date