Stanley Kubrick Demanding perfection


Perfection (law) - Concept



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Perfection (law) - Concept

  • In India, Section 125 of the Companies Act, 1956 provides that certain charges shall be void against liquidator or creditors unless registered. Thus,if a charge is not registered with Registrar of Companies, and company happens to go for liquidation, even secured creditor shall be treated as unsecured.

Perfection (law) - Types of perfection

  • There are three principal modes by which a security interest may be perfected (which method of perfection is applicable depends upon the nature of the security interest and the laws of the relevant country).



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