The Weekly Law Reports
[1968] 3 WLR 899
[COURT OF APPEAL]
CAPITAL FINANCE CO. LTD. v. STOKES AND ANOTHER
[1967 C. No. 780]
1968 July 15,
16,
30
HARMAN, DANCKWERTS and SACHS L.J.
Company
— Charge
— Registration
— Validity of unregistered charge
— Part of purchase money left on mortgage
— Whether created before or after property acquired
—
Companies Act, 1948 (11 & 12 Geo. 6, c. 38), ss. 95, 97.[1]
900
Vendor and Purchaser
— Lien of vendor
— When arises
— Effect on lien if property charged to vendor
— Lien for part of unpaid purchase money at date of contract
— Whether impliedly abandoned on completion
— If charge subsequently avoided, vendor not entitled to lien.