CIVIL PROCEDURE ACT 2005 - SECT 128 Disposal of security interest by judgment debtor invalid
CIVIL PROCEDURE ACT 2005 - SECT 128
Disposal of security interest by judgment debtor invalid128 Disposal of security interest by judgment debtor invalid
(cf Act No 8 1901, section 30)
While a charging order is in force, any purported transfer or disposal by the
judgment debtor of a security interest charged by the order, being a transfer
or disposal effected otherwise than in accordance with the directions of the
judgment creditor, is of no effect as against the judgment creditor.