- This topic has 3 replies, 2 voices, and was last updated 10 years ago by
.
- Posts
Which of the following company books is a public co. NOT legally required to keep
1. Register of Charges
2. Register of debebture holders
3. Register of directors’ intereststhis is a bpp question.
answer given is 2.
however, in the text i am using (becker) it says 3 is not a statutory register.
comments please
I believe that 3 IS a requirement (but I could be wrong!)
There’s no need to keep a register of debenture holders if the only debenture is a one-off (for instance, a secured loan from a bank)
There surely must be such a register if the debenture is issued for the benefit of a series of lenders
I hope that’s right! No doubt you’ll tell me if it’s not so, but that’s my best shot!
ur answer has confused me even more … and i certainly dont understand ur sarcasm …
have good day…
pls do not reply
- You must be logged in to reply to this topic.