Tag: Borrowers and Lenders Act

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Enforcement Procedure of a Registered Charge  Under Ghanaian Law
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Enforcement Procedure of a Registered Charge Under Ghanaian Law

1. Introduction On 23rd December 2008, the Borrowers and Lenders Act, 2008 (Act 773) was enacted to, amongst others, improve on the existing standards of disclosure of information on lending and borrowing, and also promote a consistent loan recovery and enforcement system by lenders. To this end, the Collateral Registry was established by Act 773...