Commentary

31 Acquisition of property subject to a charge

COMPANIES vol 10(2) borrowing and debentures
| Commentary

31 Acquisition of property subject to a charge

| Commentary

31 Acquisition of property subject to a charge

Where a company acquires property or undertaking on or after 6 April 20131 which is subject to a charge of a kind that would, if it had been created by the company after acquisition, be registrable, the registrar of companies must register the charge if the company or any person interested in the charge delivers to the registrar for registration a statement of particulars2. Where the charge is created or evidenced by an instrument, a certified copy of the instrument must be delivered with the statement of particulars3

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