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Complied AI Back to law library Reading nowCompanies Act, 201330 chapters · 517 sections

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Section 79: Section 77 to apply in certain matters · Complied AI

Chapter 6
Section 79

Section 79Chapter 6

Section 77 to apply in certain matters

The provisions of section 77 relating to registration of charges shall, so far as may be, apply to—

(a)

a company acquiring any property subject to a charge within the meaning of that section; or

(b)

any modification in the terms or conditions or the extent or operation of any charge registered under that section.

Charge means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage

Company means a company incorporated under this Act or under any previous company law

Section 78 Section 79 Section 80