Illingworth v. Houldsworth
[1904] AC 355 · House of Lords
A floating charge hovers over a class of assets until crystallisation.
Unit III · Company Law
Charges and debentures
Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.
Statute sections
| Act / instrument | Section | Name |
|---|---|---|
| Companies Act, 2013 | 2(16) | Charge |
| Companies Act, 2013 | 77–87 | Registration of charges |
Landmark cases
Official Liquidator, U.P. v. Allahabad Bank
(2013) 4 SCC 381 · Supreme Court of India
An unregistered charge may be void against the liquidator and creditors.