Companies Act, 1963

Register of charges to be kept by registrar of companies.

103.—(1) The registrar of companies shall keep, in relation 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 prescribed, enter in the register, in relation to such charges, the following particulars:

(a) in the case of a charge to the benefit of which the holders of a series of debentures are entitled, such particulars as are specified in subsection (8) of section 99;

(b) in the case of any other charge—

(i) if the charge is a charge created by the company, the date of its creation;

(ii) if the charge was a charge existing on property acquired by the company, the date of the acquisition of the property;

(iii) if the charge was a judgment mortgage, the date of the creation of such judgment mortgage;

(iv) the amount secured by the charge;

(v) short particulars of the property charged;

(vi) the persons entitled to the charge.

(2) The register kept in pursuance of this section shall be open to inspection by any person on payment of such fee as may be prescribed.