ΠΕΡΙΓΡΑΦΗ

This Seminar offers 4 verified CPD points by the Cyprus Bar Association.

Aims of the seminar:

• To develop skills regarding the ways of preparation and proper guidance of their client.
• To develop skills regarding the registration of charges made by companies registered in the Republic (The perfection of a Charge).
• To develop skills regarding the correct procedure that should be followed to amend a charge.
• To develop skills regarding the drafting of share pledge agreements.
• To develop skills regarding the correct representation of the creditor or debtor.
• To develop skills regarding the drafting of the necessary documents that should be prepared in share pledges (notice, memorandum of pledge, certificate).
• To develop skills regarding the correct drafting of the HE24E form for registration with the Registrar of Companies.
• To develop skills regarding the process of enforcing a pledge.
• To develop skills regarding the handling and guidance of their client in cases of priority of one charge over other charges.
• To develop skills regarding the drafting of the deliverables that should be prepared.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Why this seminar is important for you?

• This course will help you prepare and guide your client properly.
• The course will be interactive, based on realistic case studies and incorporating specific drafting suggestions and precedents.
• You will be guided on the meaning, legal implications and significance of the Law regarding the Charges and Pledges, their distinction and enforcement under Cyprus Law.
• You will be provided with specimens such as share pledge agreement, deliverables, notices, memorandum of pledge etc.
• You will gain expert knowledge enable you to improve your knowledge and understanding Charges and Pledges by engaging with key issues.
• This seminar is practical and is taught by highly experienced lawyer expert in all areas of corporate law.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course Content

ΕΝΟΤΗΤΑ 1: The Pledges under Cyprus Law

• What is a Pledge?
• The Cyprus Contract Law, Cap 149
• The perfection of a Pledge- Section 138 (1) of the   Cyprus Contract Law, Cap 149
• How to enforce a Pledge?
• What are the requirements of the Law?
• How to prepare the notice of pledge?
• How to prepare and enter the memorandum of Pledge in   the register of members?
• The certificate issued by the secretary of the   company
• The delivery of the certificate to the pledgee
• Capacity and authority
• What are the powers of the Pledgee under Cyprus Law?
• When a charge is terminated?
• How to draft a Share Pledge Agreement?
• Case studies-practical exercises

ΕΝΟΤΗΤΑ 2: The   Charges under Cyprus Law

• What is a Charge?
• How to register a Charge? (The perfection of a   Charge)
• The Cyprus Companies Law, Cap 113, section 90
• How to file a Charge with the Registrar of Companies?   section 91
• The form HE24E: submission, deadlines and fees
• How to amend a charge?
• Debentures containing charges
• The priority of a charge over other charges
• What are the exemptions for registration?
• Practical issues in drafting and enforcing a Cyprus   pledge
• How to prepare the pledge deliverables
• Practical exercises

Live distance learning via Zoom. This method enables the instructor to continuously assess the receptivity of the trainees and to be constantly updated accordingly. During the training, appropriate techniques will be developed and assist the subject of training. The lecture and the regular discussion challenge are the main pillar of the training techniques in this program.

Trainer: Ms. Lia Iordanou Theodoulou