Registration of charge: creditor may apply to Registrar and recover prescribed fees from company after notice and delay. If a company fails to register a charge within the prescribed period, the person in whose favour the charge is created may apply to the Registrar for registration by submitting the instrument in the prescribed form; the Registrar, after notice to the company, may allow registration within fourteen days unless the company registers the charge or shows sufficient cause, and the applicant may recover any prescribed fees or additional fees paid to the Registrar from the company.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration of charge: creditor may apply to Registrar and recover prescribed fees from company after notice and delay.
If a company fails to register a charge within the prescribed period, the person in whose favour the charge is created may apply to the Registrar for registration by submitting the instrument in the prescribed form; the Registrar, after notice to the company, may allow registration within fourteen days unless the company registers the charge or shows sufficient cause, and the applicant may recover any prescribed fees or additional fees paid to the Registrar from the company.
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