4 CPE Points will be accorded for this training. This CPE Points are acceptable by SSM for renewal of Practising Certificate.  

This webinar seeks to give the participants an overall view of company’s charges from creation, variation, release to satisfaction and an understanding of the company and directors’ power to borrow money under the Companies Act 1965 & the Companies Act 2016, the various forms of borrowing and the restriction on borrowing. 

By the end of the webinar, participants will be able to learn how to handle creation, variation, release and satisfaction of charges and how to comply with the various provisions under the Companies Act 2016 and the constitution of the company in relation to charges and borrowing.  

- Company’s power to borrow money under the Companies Act 2016 & the Companies Act 1965.

- Directors’ power to borrow money under the Companies Act 2016 & the Companies Act 1965.

- Restriction on borrowing.

- Various form of borrowing.

- Debentures.

- Debentures versus Shares.

- Debentures versus Conventional Loans.

- Different form of charges.

- Fixed & Floating Charge.

- Mortgage versus Charge.

- Crystallization of floating Charge.

- Right of chargee under a floating charge prior to crystallization.

- Company’s rights to deal with assets under floating charge.

- Appointment of Receiver.

- Negative pledge.

- Priorities among charges.

- Registration of Charge.

- Assignment of Charge.

- Variations of Charge.

- Release of Property from Charge.

- Satisfaction of Charge.