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Union of India - Section

Section 110 in Indian Companies Act, 1913

110. Particulars in case of series of debentures entitling holders pari passu:-

"Where a series of debentures containing, or giving by reference to any other instrument, any charge to the benefit of which the debenture-holder of that series are entitled pari passu is created by a company, it shall be sufficient for the purposes of section 109 if there are filed with the registrar within twenty-one days after the execution of the deed containing the charge or, if there is no such deed, after the execution of any debentures of the series, the following particulars:—
(a)the total amount secured by the whole series; and
(b)the dates of the resolutions authorising the issue of the series and the date of the covering deed (if any) by which the security is created or defined; and
(c)a general description of the property charged; and
(d)the names of the trustees (if any) for the debenture-holders; together with the deed or a copy thereof verified in the prescribed manner containing the charge, or if there is no such deed, one of the debentures of the series, and the registrar shall, on payment of the prescribed fee, enter those particulars in the register :
Provided that, where more than one issue is made of debentures in the series, there shall be filed with the registrar for entry in the register particulars of the date and amount of each issue, but an omission to do this shall not affect the validity of the debentures issued.