section 80 of companies act

what does section 80 in companies act says??
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As per sec77 , if company has created any charge on its assets or property then it has to register its charge with the registrar within 30 days of such charge .

As per sec80 , if any person has acquired the assets or even part of it which has been registered for charge then he shall be deemed to have the notice of charge from date of its registration . ( we shall assume that he knows about the charge on assets from date of registration by company )
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