Section 85 — Company’s register of charges
(1) Every company shall keep at its registered office a register
of charges in such form and in such manner as may be prescribed, which shall include there in all charges
and floating charges affecting any property or assets of the company or any of its undertakings, indicating
in each case such particulars as may be prescribed:
Provided that a copy of the instrument creating the charge shall also be kept at the registered office of
the company along with the register of charges.
1. Omitted by Act 1 of 2018, s. 20, for certain words (w.e.f. 5-7-2018).
2. The Proviso ins. by s. 20, ibid. (w.e.f. 5-7-2018).
(2) The register of charges and instrument of charges, kept under sub -section (1) shall be open for
inspection during business hours—
(a) by any member or creditor without any payment of fees; or
(b) by any other person on payment of such fees as may be prescribed,
Related sections
- Section 77 — Duty to register charges, etc
- Section 78 — Application for registration of charge
- Section 79 — Section 77 to apply in certain matters
- Section 80 — Date of notice of charge
- Section 81 — Register of charges to be kept by Registrar
- Section 82 — Company to report satisfaction of charge
- Section 83 — Power of Registrar to make entries of satisfaction and release in absence of intimation from
- Section 84 — Intimation of appointment of receiver or manager
- Section 86 — Punishment for contravention