The Company's Ordinance, 1984 - PakSearch.com

For business information, annual reports, laws, ordinances, regulations and articles.

PART VII
REGISTRATION OF MORTGAGES, CHARGES, ETC.

121. Certain mortgages and charges to be void if not registered.

122. Registration of charges on properties acquired subject to charge.

123. Particulars in case of series of debentures entitling holders pari passu.

124. Particulars in case of commission, etc. on debentures.

125. Register of mortgages and charges.

126. Index to register of mortgages and charges.

127. Certificate of registration.

128. Endorsement of certificate of registration on debenture or certificate of debenture stock.

129. Duty of company and right of interested party as regards registration.

130. Copy of instrument. creating mortgage or charge to be kept at registered office.

131. Rectification of register of mortgages.

132. Registration of payment or satisfaction of mortgages and charges.

133. Power of Registrar to make entries of satisfaction and release in absence of intimation from company.

134. Penalties.

135. Company's register of mortgages.

136. Right to inspect copies of instruments creating mortgages and charges and company's register of mortgages.

RECEIVERS AND MANAGERS

137. Registration of appointment of receiver or manager.

138. Filing of accounts of receiver or manager.

139. Disqualification for appointment as receiver or manager.

140. Application to Court.

141. Power of Court to fix remuneration, etc., of receiver or manager.

Home | About Us | Contact | Information Resources