The Weekly Law Reports
[1968] 1 WLR 1158
[CHANCERY DIVISION]
CAPITAL FINANCE CO. LTD. v. STOKES AND ANOTHER
[1967 C. No. 780]
1967 Dec. 7,
8,
14
PENNYCUICK J.
Company
— Charge
— Registration
— Validity of unregistered charge
— Whether created before or after property acquired
—
Companies Act, 1948 (11 & 12 Geo. 6, c. 38), ss. 95, 97.[1]
Vendor and Purchaser
— Lien of vendor
— When arises
— Effect on lien if property charged to vendor
— If charge subsequently avoided, vendor not entitled to lien.