Section 101. Registration of members constitute as evidence of legal title

(1) In absence of evidence to the contrary, the entry of the name of a person in the register of members as shareholder is prima facie evidence that legal title to the share is vested in that person.

(2) Subject to section 147, a company may treat the registered shareholder as the only person entitled to—

(a) exercise the right to vote attached to the share;

(b) receive notices;

(c) receive a distribution in respect of the share, if any; and

(d) exercise the other rights and powers attached to the share.