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Section 226 Companies and Allied Matters Act (CAMA) 2020

Section 226 CAMA 2020 Existing charges (1) Where, at the date of commencement of this Act, a company has property on which there is a charge, particulars of which would require registration if it had been created by the company after the date of such commencement, then, unless the charge has been discharged or the […]

Section 225 Companies and Allied Matters Act (CAMA) 2020

Section 225 CAMA 2020 Duty of company acquiring property to register subsisting charges (1) Where a company acquires any property which is subject to a charge of any such kind as would, if it has been created by the company after the acquisition of the property, have been required to be registered under this Part, […]

Section 224 Companies and Allied Matters Act (CAMA) 2020

Section 224 CAMA 2020 Duty of company to register charges (1) It is the duty of a company to send to the Commission for registration, the particulars of every charge created by the company and of the issues of debentures of a series requiring registration under section 222, but registration of any such charge may […]

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 […]