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of <h1>Section 145: Register Pre-1956 Charges Under Companies Act 1956 Without Changing Priorities</h1> Section 145 of the Companies Act, 1956 addresses the registration of charges that were not required to be registered under the Indian Companies Act, 1913. It applies to charges created before the commencement of the 1956 Act that remain unsatisfied. The provisions mandate that such charges be treated as if they were created at the commencement of the 1956 Act, requiring registration under its terms. However, the section clarifies that it does not alter the relative priorities of charges on the same property that existed before the Act's commencement.
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