COMPANIES ACT, 1929 
600 
instrument, he shall, within seven days from the date of the order 
or of the appointment under the said powers, give notice of the 
fact to the registrar of companies, and the registrar shall, on payment 
of the prescribed fee, enter the fact in the register of charges. 
(2) Where any person appointed receiver or manager of the 
property of a company under the powers contained in any instru- 
ment ceases to act as such receiver or manager, he shall, on so 
ceasing, give the registrar of companies notice to that effect, and 
the registrar shall enter the notice in the register of charges. 
(3) If any person makes default in complying with the require- 
ments of this section, he shall be liable to a fine not exceeding 
ive pounds for every day during which the default continues. 
Provisions as to Company’s Register of Charges and as to Cop: 
of Instruments creating Charges. 
87. Every company shall cause a copy of every instrument Copies of instru- 
creating any charge requiring registration under this Part of this Jets creating 
2 ges to be 
Act to be kept at the registered office of the company: kept by com- 
Provided that, in the-case of a series of uniform debentures, a Paoy- 
copy of one debenture of the series shall be sufficient. 
88.—(1) Every limited 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 
loating charges on the undertaking or any property of the company, 
giving in each case a short description of the property charged, the 
amount of the charge, and, except in the case of securities to bearer. 
the names of the persons entitled thereto. 
(2) If any director, manager, or other officer of the company 
<nowingly and wilfully authorises or permits the omission of anv 
:ntry required to be made in pursuance of this section, he shall ‘- 
iable to a fine not exceeding fifty pounds. 
89.—(1) The copies of instruments creating any charge requiring 
registration under this Part of this Act with the registrar of com- 
panies, and the register of charges kept in pursuance of the last 
foregoing section, shall be open during business hours (but subject 
to such reasonable restrictions as the company in general meeting 
may impose, so that not less than two hours in each day shall be 
allowed for inspection) to the inspection of any creditor or member 
of the company without fee, and the register of charges shall also 
be open to the inspection of any other person on payment of such 
fee, not exceeding one shilling for each inspection, as the company 
may prescribe. 
(2) If inspection of the said copies or register is refused, any 
officer of the company refusing inspection, and every director and 
manager of the company authorising or knowingly and wilfully 
permitting the refusal, shall be liable to a fine not exceeding five 
pounds, and a further fine not exceeding two pounds for every 
day during which the refusal continues. 
Company's 
register of 
~harges. 
Right to inspect 
copies of instru- 
nents creating 
nortgages and 
:harges and com- 
’any’s register 
f charges.