Charge registration: creditor may apply for registration if company fails to register and recover fees. If a company fails to register a charge within the thirty day period, the person in whose favour the charge is created may apply for registration in the prescribed form and manner; the Registrar may allow registration within fourteen days after giving notice to the company unless the company registers the charge or shows sufficient cause, and any fees or additional fees paid by the applicant for registration are recoverable from the company.
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Provisions expressly mentioned in the judgment/order text.
Charge registration: creditor may apply for registration if company fails to register and recover fees.
If a company fails to register a charge within the thirty day period, the person in whose favour the charge is created may apply for registration in the prescribed form and manner; the Registrar may allow registration within fourteen days after giving notice to the company unless the company registers the charge or shows sufficient cause, and any fees or additional fees paid by the applicant for registration are recoverable from the company.
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