ADVOKS GLOBAL · KENYA
Companies Act
884. Registrar to keep register of charges
Edition: 2024-12-27 · In force
884. Registrar to keep register of charges
(1)The Registrar shall keep, with respect to each company, a register of all the charges that are required to be registered under this Part.(2)If a charge is part of a series of debentures, the Registrar shall record in the register the required particulars specified in section 880(2).(3)In the case of any other charge, the Registrar shall record in the register the following particulars:(a)if it is a charge created by a company, the date of its creation;(b)if it is a charge which was existing on property acquired by the company, the date of the acquisition;(c)the amount secured by the charge;(d)short particulars of the property charged;(e)the persons entitled to the charge.(4)On registering a charge, the Registrar shall issue a certificate of the registration of the charge, stating the amount secured by the charge.(5)The Registrar shall either sign a certificate of registration of a charge or authenticate it with the Registrar's official seal.(6)A certificate of registration signed by the Registrar or authenticated with the Registrar's seal is conclusive evidence that the requirements of this Part as to registration have been satisfied.(7)The Registrar shall keep open for public inspection during the ordinary business hours of the Companies Registry each register kept under this section.(8)A person who wishes to inspect a register of charges may do so without payment, but is entitled to be provided with a copy of the register or an entry in it only on payment of the prescribed fee (if any).