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Query w.r.t. pledging of shares

This query is : Resolved 

18 February 2019 Can a private Company (Its shareholder's Shares) pledge its shares as security against loan received from other Company

18 February 2019 No. Shareholders can pledge their shares

18 February 2019 What if shareholder consented the for the same?
and if shareholders are the promoters of the company.






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