10-mark question · Part C · Law of Investments and Securities

A company created a charge on 'all its assets including machinery etc., now lying or that may be brought hereafter until payment' in favour of an institution to secure payment of a loan taken by it from the institution. It was argued by the other creditors that it was only a fixed charge. Will they succeed?

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• Law of Investments and Securities · May/June 2010 Mapped paper Download

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