Easy Office
LCI Learning

Mortgage of 3 party land

This query is : Resolved 

18 March 2023 Sir I would like to ask if a sahakarmi mandali ( co-operative society) can mortgage its land to a pvt ltd company or give them the rights to mortgage it on its behalf?

18 March 2023 Check it's by laws it will not allow such mortgage.

18 March 2023 Ok so what is the solution of it if I want to use that land as a third party collateral for my company project funding?


18 March 2023 No solution co-op society land can't be mortgaged for the company.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query