ANSWERS FOR NOVEMBER 2011 PCC LAW

Hi friends could you please suggest the answer for Question No. 1 (a) and (c) of todays PCC law paper?

Question Paper can be downloaded from here https://www.caclubindia.com/forum/files/54_ipcc_law_nov_2010.pdf

Replies (4)

a) 60000

c) relief would be given

  bank can claim only  Rs. 40000

Originally posted by : anita jaiswal

  bank can claim only  Rs. 40000

60000, as the pledgee and pledger has the same rights.

I read the answer to the question 5 minutes before the exam.

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