Distinguish among.......
This query is : Open
CA-ASPIRANT
(Querist)
14 May 2009
Please explain following terms
Mortgage:
Pledge:
Hypothecation:
Lien:
Thanks in advance
Mortgage:
Pledge:
Hypothecation:
Lien:
Thanks in advance
CA. Rishabh Mittal
(Expert)
15 May 2009
Mortgage - It is used in respect of Long term loans
Pledge / Hypothecation - It is used in respect of Short term loans / CC's
Pledge / Hypothecation - It is used in respect of Short term loans / CC's
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