Companies Act

577. Time limit for claims arising from entry in register of debenture holders

Edition: 2024-12-27 · In force

(1)A liability incurred by a company—

(a)from the making or deletion of a record in the company's register of debenture holders; or

(b)from a failure to make or delete any such record,

is not enforceable more than ten years after the date on which the record was made or deleted or the failure first occurred.

(2)Subsection (1) does not affect any shorter period of limitation prescribed by any other written law.