Outline the information that is required when registering a charge.

Under Section 97 (1) of the Companies Act, it is the duty of the company to deliver to registrar for registration the particulars of every charge created by the company. These particulars include:
Date and description of the instrument creating or evidencing the charge;
 Amount secured by the mortgage of charge;
 A short description of the property mortgaged or charged;
Names, postal addresses and descriptions of the mortgages or persons entitled to the charge;
Names of the chargor or mortgagor;
Amount or rate % of the commission allowance or discount if any paid or made either directly or indirectly by the company to any person in consideration of his subscribing or agreeing to subscribe whether absolutely or conditionally or procuring or agreeing to procure subscriptions whether absolutely or conditionally.

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