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Template:Charges in the uk: Difference between revisions
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Why? | Why? | ||
Because it continues to hold onto the secured asset, a third party dealing with it (who might wish to take security over it) needs to know that it is impressed with a [[security interest]]. Not so important when the chargee physically holds the asset | Because it continues to hold onto the secured asset, a third party dealing with it (who might wish to take security over it) needs to know that it is impressed with a [[security interest]]. Not so important when the chargee physically holds the asset — known to fans as a [[bailment]] arrangement — since the chargor in that case isn’t free to deal with it. | ||
For foreign companies with dealings, and assets in the UK, but which are not incorporated here? No charge filing necessary, but you may enjoy winding up the juniormost clerk in the office of an afternoon by sending her down to Companies House to file a [[Slavenburg]] registration for larks anyway. Long since a dead letter, but we older campaigners actually used to have to do this for real. Fabulous fun. | For foreign companies with dealings, and assets in the UK, but which are not incorporated here? No charge filing necessary, but you may enjoy winding up the juniormost clerk in the office of an afternoon by sending her down to Companies House to file a [[Slavenburg]] registration for larks anyway. Long since a dead letter, but we older campaigners actually used to have to do this for real. Fabulous fun. | ||