Public Service Commission Act, 1997
R 385
Companies Act, 1973 (Act No. 61 of 1973)Chapter V: Share capital, Acquisition by Companies of own Shares, Shares, Allotment and Issue of Shares, Members and Register of Members, Debentures, Transfers, and Restrictions on Offering Shares for SaleDebentures118. Bonds to be registered in deeds registry; copies of documents to be annexed to bonds and deeds of pledge |
| 1) | Any mortgage bond or notarial bond in pursuance of the provisions of section 117 and subsequent transactions relating thereto shall, subject to the laws governing the registration of mortgage bonds and notarial bonds, be registered in a deeds registry. |
| 2) | If any such bond is in favour of one or more debenture-holders, a certified copy of the debenture concerned shall be annexed to the said bond. |
| 3) | If any such bond is in favour of a trustee for debenture-holders, certified copies of the debenture concerned and of the trust deed by which the trustee is appointed and in which his rights and duties are defined, shall be annexed to the said bond. |
| 4) | Certified copies of the debenture concerned and of any such trust deed, if any, shall be annexed to any deed of pledge where the debentures are secured by a pledge of movable property. |
