Is it possible

 

Is it possible if a person needs Loan against property  in favour of his pvt. ltd company but the property which is to be mortgaged is registered in  personal name of  applicant?
 
Replies (2)
May be possible by giving guarntee

Dear seema,

It is not possible to take loan against that property unless that person bring that proprety as the promoter of the company.

 

Regards,

Aditya

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