Register of Charges

Charges Register
A Charges Register or Register of Charges is a formal record of all charges (encumbrances or liens) that a company has granted over its assets, often required by law to be maintained. It includes details of secured loans and other financial obligations which creditors have claims to.
Register of Charges
A Register of Charges is a statutory document maintained to record details of charges created by a company on its assets to secure debt. It is crucial for maintaining transparency and protecting creditor rights.
Registrar of Companies
An official charged with the duty of registering all the companies in the UK. There is one registrar for England and Wales and one for Scotland. The registrar is responsible for carrying out a wide variety of administrative duties connected with registered companies, including maintaining the register of companies and the register of charges, issuing certificates of incorporation, and receiving annual returns.

Accounting Terms Lexicon

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