Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 220

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 220
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 respect of only one class of shares; (c) the instrument of transfer is properly stamped, if required; (d) in the case of a transfer to joint holders, the number of joint holders to whom the share is to be transferred does not exceed four; or (e) a fee of such maximum sum as the applicable stock exchange authority may determine to be payable, or such lesser sum as the directors may from time to time require, is paid to the Company in respect thereof. Subject to the foregoing, a shareholder may transfer any share by an instrument of transfer in writing and in any usual or common form or in a form prescribed by any applicable stock exchange rules or in such other form as the directors may, in their absolute discretion, approve. 142 Winding Up If the Company is wound up the liquidator may, with the sanction of a special resolution of the Company and any other sanction required by the Cayman Islands Companies Act, divide amongst the shareholders in specie or in kind the whole or any part of the assets of the Company (whether they shall consist of property of the same kind or not) and may for that purpose value any assets and, subject to the articles of association, determine how the division shall be carried out as between the shareholders or different classes of shareholders. The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees upon such trusts for the benefit of the shareholders as the liquidator, with the like sanction, thinks fit, but so that no shareholders will be compelled to accept any asset upon which there is a liability. If the Company is wound up, and the assets available for distribution amongst the shareholders are insufficient to repay the whole of the share capital, such assets will be distributed so that, as nearly as may be, the losses will be borne by the shareholders in proportion to the par value of the shares held by them. If in a winding up the assets available for distribution amongst the shareholders are more than sufficient to repay the whole of the share capital at the commencement of the winding up, the surplus will be distributed amongst the shareholders in proportion to the par value of the shares held by them at the commencement of the winding up subject to a deduction from those shares in respect of which there are monies due, of all monies payable to the Company for unpaid calls or otherwise. This is without prejudice to the rights of the holders of shares issued upon special terms and conditions. The foregoing is subject to any rights, restrictions or limitations attaching to any class of shares in