Which type of charge is more suitable in respect of each of the following security? Bank Deposits Book Debts Immovable Property Movable Stock Plant and Machinery
CS Professional · Banking - Law and Practice · PYQS · December 2017
Which type of charge is more suitable in respect of each of the following security? Bank Deposits Book Debts Immovable Property Movable Stock Plant and Machinery
Answer & Explanation:
Answer 6 Suitability of type of charge Sr. No. Security Charge (i) Bank Deposits Lien (ii) Book Debts Assignment of Debts (iii) Immovable Property Mortgage (iv) Movable Stock Pledge (v) Plant & Machinery Hypothecation
Topics: Banking Law and Practice
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