Section 219 CAMA 2020 Inspection of register of debentures, etc. (1) Every register of holders of debentures of a company shall, except when duly closed (but subject to such reasonable restrictions as the company may in general meeting impose, so that at least two hours in each day shall be allowed for inspection), be open…

Section 218 CAMA 2020 Register of debenture holders (1) A company which issues or has issued debentures shall maintain a register of the holders. (2) The register shall contain the—(a) names and addresses of the debenture holders ;(b) principal of the debentures held by each of them ;(c) amount or the highest amount of any…

Section 217 CAMA 2020 Inspection of register and copies of instrument (1) The copies of instruments creating any charge requiring registration under this Part with the Commission and the register of charges kept under section 216 of this Act, shall be open during business hours (but subject to such reasonable restrictions as the company in…

Section 2016 CAMA 2020 Company’s register of charges (1) Every company shall keep, at the registered office of the company, a register of charges and enter therein all charges specifically affecting property of the company and all floating charges on the undertaking or any property of the company, giving in each case a short description…

Section 215 CAMA 2020 Company to keep copies of instruments creating charges Every company shall cause a copy of every instrument creating any charge requiring registration under this Part to be kept at the registered office of the company, but, in the case of a series of uniform debentures, a copy of one debenture of…

Section 214 CAMA 2020 Restrictions on transferability of debentures (1) Except as expressly provided in the terms of any debenture, debentures shall be transferable without restriction by a written transfer in any usual or common form, or any other form which the directors of the company may approve, and that the transferee is entitled to…

Section 213 CAMA 2020 Liability of trustees for debenture holders (1) Subject to the provisions of this section, anything contained in a trust deed for securing an issue of debentures, or in any contract with the holders of debentures secured by a trust deed, is void if it would have the effect of exempting a…

Section 212 CAMA 2020 Disqualification for appointment as trustee of debenture trust deed (1) A person is not qualified for appointment as a trustee of a debenture trust deed if he is—(a) an officer or employee of the company which issues debentures covered by the trust deed or of a company in the same group…

Section 211 CAMA 2020 Trustees for debenture holders (1) Whether or not a debenture is secured by a charge over the company’s property, there may be created in relation to such debenture, a trust deed appointing trustees for the debenture holders. (2) It is the duty of such trustee to safeguard the rights of the…

Section 210 CAMA 2020 Contents of debenture covered by trust deed (1) Every debenture covered by a debenture trust deed shall state, either in the body or in a note forming part of the same document or endorsed therein— (a) the matters required to be stated in a debenture trust deed by section 209 (1)…