Section 577 of The Companies Act No. 17 of 2015: Time limit for claims arising from entry in register of debenture holders

    

(1) A liability incurred by a company—
(a) from the making or deletion of a record in the company's register of debenture holders; or
(b) from a failure to make or delete any such record, is not enforceable more than ten years after the date on which the record was
made or deleted or the failure first occurred.
(2) Subsection (1) does not affect any shorter period of limitation prescribed by any other written law.


Disclaimer: This document is not to be taken as legal advise.

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