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Section 120: Document creating charge over property

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

120. Document creating charge over property (1) A person may be required to give a document to a liquidator under section 119 even though possession of the document creates a charge over property of a company. (2) Production of the document to the liquidator shall not prejudice the existence or priority of the charge, but the liquidator shall make the document available to the person entitled to it for the purpose of dealing with or realising the charge or the secured property. I14 – 73 [Issue 3] Insolvency Act

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