All sections · Part XVII: Striking Off, Winding Up And Dissolution · Sub-Part V: Provisions of General Application in Winding Up
327 Interpretation
For the purposes of this Sub-Part —
(a) „charge“ means as defined in section 176;
(b) „privilege“ means a privilege pursuant to articles 2102 or 2103 of the
Civil Code of Seychelles Act;
(c) a „secured creditor“ is a creditor of a company who —
(i) has a charge over any of the company‘s assets; or
(ii) is entitled to a privilege over any of the company‘s assets;
(d) „secured assets“, with respect to a chargeor privilege, means assets over
which the charge or privilege exists.
(a) „charge“ means as defined in section 176;
(b) „privilege“ means a privilege pursuant to articles 2102 or 2103 of the
Civil Code of Seychelles Act;
(c) a „secured creditor“ is a creditor of a company who —
(i) has a charge over any of the company‘s assets; or
(ii) is entitled to a privilege over any of the company‘s assets;
(d) „secured assets“, with respect to a chargeor privilege, means assets over
which the charge or privilege exists.
