材料全屏 Milly Ltd has recently entered into the following arrangements with its creditors. (1)
A、single debenture of £15,000 from
B、Bank that is secured by a charge over Milly Ltd's trade receivables. Milly Ltd may deal with the trade receivables as it wishes. The charge documentation describes the charge as a fixed charge. (2)
A、single debenture of £20,000 from Peppa Ltd secured on Milly Ltd's inventory.
A、floating charge was created on 3 March 20X1 and registered on 31 March 20X1. (3)
A、single debenture of £5,000 from Otto Ltd that is also secured on Milly Ltd's inventory.
A、floating charge was created on 10 April 20X1 and registered on 30 April 20X1. 25 【论述题】 State whether Milly Ltd is required to keep a register of debenture holders in respect of the three debentures
A、single debenture of £15,000 from
B、Bank that is secured by a charge over Milly Ltd's trade receivables. Milly Ltd may deal with the trade receivables as it wishes. The charge documentation describes the charge as a fixed charge. (2)
A、single debenture of £20,000 from Peppa Ltd secured on Milly Ltd's inventory.
A、floating charge was created on 3 March 20X1 and registered on 31 March 20X1. (3)
A、single debenture of £5,000 from Otto Ltd that is also secured on Milly Ltd's inventory.
A、floating charge was created on 10 April 20X1 and registered on 30 April 20X1. 25 【论述题】 State whether Milly Ltd is required to keep a register of debenture holders in respect of the three debentures
【参考答案及解析】
A company is not required to keep a register of debentureholders unless debentures are issued as a series or as debenture stock. Neither applies in Milly Ltd's case and therefore no register of debentureholders is required.
A company is not required to keep a register of debentureholders unless debentures are issued as a series or as debenture stock. Neither applies in Milly Ltd's case and therefore no register of debentureholders is required.