Register of Charges


Also found in: Financial.

Register of Charges

a record kept by the Registrar of Companies that provides a record of all fixed and floating charges granted by a company. As 21 days are allowed for it to be registered, there is always the danger that one will appear after settlement of a transaction.
References in periodicals archive ?
Each company is required to keep "available for inspection a copy of every instrument creating a charge requiring registration" (82) and "a register of charges ..., [into which the company is required to enter] (a) all charges specifically affecting property of the company, and (b) all floating charges on the whole or part of the company's property or undertaking," (83) which "in each case [shall] give a short description of the property charged, the amount of the charge and, except in the cases of securities to bearer, the names of the persons entitled to it." (84) The documents and the register are required to be open to the inspection of any creditor or member of the company without payment of a fee.
Moreover, analysis of the Land Registry's Register of Charges has suggested that legally binding contracts have been exchanged-and deposits probably paid-on a further 26 apartments.
Full browser ?