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A pledge is a contract between the borrower and lender in which the borrower offers the possession of the security to the lender. The pledger (borrower) will have to deliver the assets to the pledgee (lender) and the lender will have legal title to the assets. In a mortgage, the assets remain the property of the borrower whereas, in a pledge, the assets will be delivered to the lender, who will have legal title to the assets. Hypothecation is on movable properties and property remains with a borrower.
For the purposes of Section 141 of Negotiable instruments Act. 1881. 'Company' doesn't mean:
The Historic Judgment of Privy Council m Pakala Narayan Swami vs. The King Emperor deals with:
The term Corporation under the General Insurance Business (Nationalisation) Act means__________________
As per Section 126 of the Negotiable Instrument Act, 1881, where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwi...
The Registrar shall allot to the company a corporate identity number which shall be _____________
All agreements are contract if they are____________
How many grounds are provided under S. 13 of CPC which make the foreign judgments not conclusive?
As per the Insurance Act what is the nature of fire insurance business?
As per Section 24 of the Limitation Act, 1963 all instruments shall for the purpose of the Limitation Act be deemed to made with reference to be_________.
Section 15 of the Prevention of Corruption Act deal with________
