What is the difference between a charge on an asset and a mortgaged asset? Kindly explain the 2 concepts with a short example.
What is the difference between a charge on an asset and a mortgaged asset? Kindly explain the 2 concepts with a short example.
charge is a wider concept. a charge is created on asset by way of various modes. e.g, mortgage, hypothecation, Pledge , lien, assignment etc.
Thanks a lot Sir!
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
