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Part III Registration and Other Perfection Requirements, 10 Interests Created by Companies

From: The Law of Security and Title-Based Financing (2nd Edition)

Hugh Beale, Michael Bridge, Louise Gullifer, Eva Lomnicka

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From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 17 June 2024

Security interest
10.01 Under the Companies Act 2006, Part 25,1 particulars of charges2 created by a company over most types of asset3 or of any floating charge, and the charge document, must be sent for registration within twenty-one days of the creation of the charge. If they are not, the charge will be void against a liquidator or administrator of the company and against any creditor of the company. Responsibility for sending the documents for registration rests with the company. Similar provisions apply when a company acquires property that is subject to a registrable charge,...
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