https://www.taxtmi.com/caselaws?id=100204 A security conferred by a court order is not a charge created by a company for the purpose of registration under the Companies Act, 1956, because the right arises from judicial direction rather than the company's own act. A court order is also not a non-testamentary instrument requiring registration under section 17(1)(b) of the Registration Act, 1908. The compromise-based exception in section 17(2)(vi) did not apply on these facts, as no written compromise under Order XXIII Rule 3 was shown. The security was therefore treated as available for satisfaction of the decree. en-us Tue, 20 Apr 1982 00:00:00 +0530 Tue, 31 Jan 2012 15:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100204 A security conferred by a court order is not a charge created by a company for the purpose of registration under the Companies Act, 1956, because the right arises from judicial direction rather than the company's own act. A court order is also not a non-testamentary instrument requiring registration under section 17(1)(b) of the Registration Act, 1908. The compromise-based exception in section 17(2)(vi) did not apply on these facts, as no written compromise under Order XXIII Rule 3 was shown. The security was therefore treated as available for satisfaction of the decree. Case-Laws Companies Law Tue, 20 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100204