| Originally posted by : Sanjay Jain | ||
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XYZ Ltd has office. building in London the company has been granted a term loan of rs 15crore from a bank the company wants to mortgage office building of London answer the following question1.whether the company can mortage the above office building?2.whether a charge can be created for property situated outside India? |  |
1. Property situated outside India will be mortgaged as per the Law Applicable in that particular Country.
2. In the Form CHG-1 the details of the property mortgaged will be given.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
