Chronological index of charges ensures formal registered recording of company security interests and entitled parties under company law. Chronological index of charges prescribes a registry format for recording every charge created by a company, requiring sequential entry of serial number, registration date, company identification, amount secured, debenture issuance and trust deed details, other charge particulars, the registering party, and names and addresses of persons entitled to the charge or trustees, with the Registrar's signature; notes clarify that charge includes mortgage and persons entitled to the charge include mortgagees.
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Provisions expressly mentioned in the judgment/order text.
Chronological index of charges ensures formal registered recording of company security interests and entitled parties under company law.
Chronological index of charges prescribes a registry format for recording every charge created by a company, requiring sequential entry of serial number, registration date, company identification, amount secured, debenture issuance and trust deed details, other charge particulars, the registering party, and names and addresses of persons entitled to the charge or trustees, with the Registrar's signature; notes clarify that charge includes mortgage and persons entitled to the charge include mortgagees.
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