Section 124: Register of debenture holders

124. Register of debenture holders (1) Every company which issues debentures shall at its registered office keep a register of debenture holders which shall contain— (a) the names and addresses of the debenture holders; (b) the amount of debentures held by them. (2) The register shall, except when duly closed pursuant to subsection (3), be open to the inspection of a debenture holder or a member. (3) For the purposes of this section a register shall be deemed to be duly closed if closed in accordance with a provision contained in the articles, the debenture, the debenture stock certificate, the agency deed or any other document relating to or securing the debenture, during such period, not exceeding in the aggregate 30 days in any year, as is specified in the document. (4) (a) Every company shall, at the request of a debenture holder or a member and on payment of the fee specified in item 2 of the Third Schedule for every page required to be copied, forward to him a copy of the register of debenture holders. (b) The copy need not include any particulars as to a debenture holder other than his name and address and the debenture held by him. C35 – 81 [Issue 9] Companies Act