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Monday, 14 January 2013


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Companies_Act,_1956

Section / Rule Number Content


124 "Charge" to include mortgage in this part
125 Certain charges to be void against liquidator or creditors unless registered
126 Date of notice of charge
127 Registration of charges on properties acquired subject to charge
128 Particulars in case of series o debentures entitling holders pari passu
129 Particulars in case of commission etc., on debentures
130 Register of charges to be kept by Registrar
131 Index to register of charges
132 Certificate of registration
133 Endorsement of certificate of registration on debenture or certificate of debenture stock
134 Duty of company as regards registration and right of interested party
135 Provisions of part to apply to modification of charges
136 Copy of instrument creating charge to be kept by company at registered office
137 Entry in register of charges of appointment of receiver or manager
138 Company to report satisfaction and procedure thereafter
139 Power of registrar to make entries of satisfaction and release in absence of intimation from company
140 Copy of memorandum of satisfaction to be furnished to company
141 Rectification by company law board of register of charges
142 Penalties
143 Company's register of charges
144 Right to inspect copies of instruments creating charges and company's register of charges
145 Application of Part to charges requiring registration under it but not under previous law

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