2064
Entry of satisfaction. 8 Edw. 7,
c. 69, s. 97.
Index to register of mortgages
No. 58 of 1911.
COMPANIES.
application of the company or any person interested, and on such terms and conditions as seem to the judge just and expedient, order that the time for registration be extended, or, as the case may be, that the omission or mis-statement be rectified.
99. The Registrar of Companies may, on evidence being given to his satisfaction that the debt for which any registered mortgage or charge was given has been paid or satisfied, order that a memorandum of satisfaction be entered on the register, and shall if required furnish the company with a copy thereof.
100. The Registrar of Companies shall keep a chronological index in the prescribed form and with the prescribed particulars, of the mortgages or charges registered with him under this Ordinance.
8 Edw. 7,
c. 69, s. 98.
Penalties. 8 Edw. 7,
c. 69, s. 99.
*
101.-(1) If any company makes default in sending to the Registrar of Companies for registration the particulars of any mortgage or charge created by the company, and of the issues of debentures of a series, requiring registration with the Registrar of Companies under the foregoing provisions, then, unless the registration has been effected on the application of some other person, the company, and every director, manager, secretary, or other person who is knowingly a party to the default, shall be liable to a fine not exceeding five hundred dollars for every day during which the default continues.
(2) Subject as aforesaid, if any company makes default in complying with any of the requirements of this Ordinance as to the registration with the Registrar of Companies of any mortgage or charge created by the company, the company and every director, manager, and other officer of the company, who knowingly and wilfully authorised or permitted the default shall, without prejudice to any other liability, be liable to a fine not exceeding one thousand dollars.
(3) Every person who knowingly and wilfully authorises or permits the delivery of any debenture or certificate of debenture stock requiring registration with the Registrar of Companies under the foregoing provisions without a copy of the certificate of registration being indorsed upon it, shall, without prejudice to any other liability, be liable to a fine not exceeding one thousand dollars.
* As amended by Law Rev. Ord., 1924.
2064
Entry of satisfaction. 8 Edw. 7,
c. 69, s. 97.
Index to register of mortgages
No. 58 of 1911.
COMPANIES.
application of the company or any person interested, and on such terms and conditions as seem to the judge just and expedient, order that the time for registration be extended, or, as the case may be, that the omission or mis-statement be rectified.
99. The Registrar of Companies may, on evidence being given to his satisfaction that the debt for which any registered mortgage or charge was given has been paid or satisfied, order that a memorandum of satisfaction be entered on the register, and shall if required furnish the company with a copy thereof.
100. The Registrar of Companies shall keep a chrono- logical index in the prescribed form and with the prescribed and charges. particulars, of the mortgages or charges registered with him
under this Ordinance.
8 Edw. 7,
c. 69, s. 98.
Penalties. 8 Edw. 7,
c. 69, s. 99.
*
101.-(1) If any company makes default in sending to the Registrar of Companies for registration the particulars of any mortgage or charge created by the company, and of the issues of debentures of a series, requiring registration with the Registrar of Companies under the foregoing provisions, then, unless the registration has been effected on the application of some other person, the company, and every director, manager, secretary, or other person who is knowingly a party to the default, shall be liable to a fine not exceeding five hundred dollars for every day during which the default continues.
(2) Subject as aforesaid, if any company makes default in complying with any of the requirements of this Ordinance as to the registration with the Registrar of Companies of any mortgage or charge created by the company, the com- pany and every director, manager, and other officer of the company, who knowingly and wilfully authorised or per- mitted the default shall, without prejudice to any other liability, be liable to a fine not exceeding one thousand dollars.
(3) Every person who knowingly and wilfully authorises or permits the delivery of any debenture or certificate of debenture stock requiring registration with the Registrar of Companies under the foregoing provisions without a copy of the certificate of registration being indorsed upon it, shall, without prejudice to any other liability, be liable to a fine not exceeding one thousand dollars.
* As amended by Law Rev. Ord., 1924.
i
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