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Sir, the text mentioned that a fixed charge can be issued on goodwill. Isn’t that uncertain as that might be vary depending on the success of the company and if the company would be in liquidation then there wouldn’t be any goodwill?
But fixed charges exist on buildings and building values also vary and if the company were to be faced with a forced-sale situation the building may have no value.
Or if the building were to be declared unsafe?
Or if the local council discovered that the building was built on toxic land?
Admittedly it would be an unusual situation (so far as I am aware) to have a fixed charge over goodwill
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