https://www.taxtmi.com/caselaws?id=97920 An unregistered charge is void only as against the liquidator and creditors, not against the company itself, so the liquidator is the proper party to challenge it; the company could not sue to enforce the non-registration defect, though joinder of the liquidator was permitted. A deposit of hire-purchase agreements can create a registrable charge on book-debts under section 95 of the Companies Act 1948, including present or future book-debts where the obligation is capable of ordinary book entry. Non-registration therefore renders the charge void as against the liquidator. en-us Fri, 08 Jun 1962 00:00:00 +0530 Wed, 18 Jan 2012 15:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97920 An unregistered charge is void only as against the liquidator and creditors, not against the company itself, so the liquidator is the proper party to challenge it; the company could not sue to enforce the non-registration defect, though joinder of the liquidator was permitted. A deposit of hire-purchase agreements can create a registrable charge on book-debts under section 95 of the Companies Act 1948, including present or future book-debts where the obligation is capable of ordinary book entry. Non-registration therefore renders the charge void as against the liquidator. Case-Laws Companies Law Fri, 08 Jun 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97920