C5C3C4Part 25Company charges

Annotations:
Modifications etc. (not altering text)
C3

Pt. 25 excluded (17.2.2009 for certain purposes, otherwise 21.2.2009) by Banking Act 2001 (c. 1), s. 252(1) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch.

C5F1 CHAPTER A1 Registration of company charges

Annotations:
Amendments (Textual)

The register

C1C2 859M Rectification of register

1

Subsection (3) applies if the court is satisfied that—

a

there has been an omission or mis-statement in any statement or notice delivered to the registrar in accordance with this Chapter, and

b

the requirement in subsection (2) is met.

2

The requirement is that the court is satisfied—

a

that the omission or mis-statement—

i

was accidental or due to inadvertence or to some other sufficient cause, or

ii

is not of a nature to prejudice the position of creditors or shareholders of the company, or

b

that on other grounds it is just and equitable to grant relief.

3

The court may, on the application of the company or a person interested, and on such terms and conditions as seem to the court just and expedient, order that the omission or mis-statement be rectified.

4

A copy of the court's order must be sent by the applicant to the registrar for registration.