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Companies Act, 1963

Duty of company to register charges created by company.

100.—(1) It shall be the duty of a company to send to the registrar of companies for registration within the time required by section 99 the particulars of every charge created by the company, and of the issues of debentures of a series requiring registration under section 99, together with any documents required by that section, but registration of any such charge may be effected on the application of any person interested therein.

(2) Where registration is effected on the application of some person other than the company, that person shall be entitled to recover from the company the amount of any fees properly paid by him to the registrar on the registration.

(3) If any company makes default in sending to the registrar for registration the particulars of any charge created by the company or of the issues of debentures of a series requiring registration under section 99 or any documents required by that section then, unless registration has been effected on the application of some other person, the company and every officer of the company who is in default shall be liable to a fine not exceeding £100.

(4) Proceedings in relation to an offence under this section may be brought and prosecuted by the registrar of companies.