Section 223 Companies and Allied Matters Act (CAMA) 2020
Section 223 CAMA 2020 Register of particulars of charges (1) The Commission shall keep, with respect to each company, a register in the prescribed form of all the charges requiring registration under this Part and shall, on payment of such fee as may be specified by regulations made by the Commission, enter in the register […]
Section 222 Companies and Allied Matters Act (CAMA) 2020
Section 222 CAMA 2020 Registration of charges created by companies (1) Subject to the provisions of this Part, every charge created by a company, being a charge to which this section applies, shall, so far as any security on the company’s property or undertaking is conferred, be void against the liquidator and any creditor of […]
Section 221 Companies and Allied Matters Act (CAMA) 2020
Section 221 CAMA 2020 Notice of refusal to register (1) If a company refuses to register a transfer of any debenture, the company shall, within two months after the date on which the transfer was lodged with the company, send to the transferee notice of the refusal. (2) If any default is made in complying […]
Section 220 Companies and Allied Matters Act (CAMA) 2020
Section 220 CAMA 2020 Entry in register of transfer On the application of the transferor of any debenture in a company, the company shall enter in its register of debenture holders the name of the transferee in the same manner and subject to the same conditions as if the application for the entry were made […]
Section 219 Companies and Allied Matters Act (CAMA) 2020
Section 219 CAMA 2020 Inspection of register of debentures, etc. (1) Every register of holders of debentures of a company shall, except when duly closed (but subject to such reasonable restrictions as the company may in general meeting impose, so that at least two hours in each day shall be allowed for inspection), be open […]
Section 218 Companies and Allied Matters Act (CAMA) 2020
Section 218 CAMA 2020 Register of debenture holders (1) A company which issues or has issued debentures shall maintain a register of the holders. (2) The register shall contain the—(a) names and addresses of the debenture holders ;(b) principal of the debentures held by each of them ;(c) amount or the highest amount of any […]
Section 217 Companies and Allied Matters Act (CAMA) 2020
Section 217 CAMA 2020 Inspection of register and copies of instrument (1) The copies of instruments creating any charge requiring registration under this Part with the Commission and the register of charges kept under section 216 of this Act, shall be open during business hours (but subject to such reasonable restrictions as the company in […]
Section 216 Companies and Allied Matters Act (CAMA) 2020
Section 2016 CAMA 2020 Company’s register of charges (1) Every company shall keep, at the registered office of the company, a register of charges and enter therein all charges specifically affecting property of the company and all floating charges on the undertaking or any property of the company, giving in each case a short description […]
Section 215 Companies and Allied Matters Act (CAMA) 2020
Section 215 CAMA 2020 Company to keep copies of instruments creating charges Every company shall cause a copy of every instrument creating any charge requiring registration under this Part to be kept at the registered office of the company, but, in the case of a series of uniform debentures, a copy of one debenture of […]
Section 214 Companies and Allied Matters Act (CAMA) 2020
Section 214 CAMA 2020 Restrictions on transferability of debentures (1) Except as expressly provided in the terms of any debenture, debentures shall be transferable without restriction by a written transfer in any usual or common form, or any other form which the directors of the company may approve, and that the transferee is entitled to […]