Pledge of share

Dear Sir,

What is a pledge: –

Possessory security against a debt or promise

– Liens or hypothecations are mere obligation against property without parting with possession

– Pledge transfers possession of property also

– Pledge is different from usufructuary mortgage:

In the latter, the mortgagee is allowed the right of usufruct.

Pledge is merely right of possession; without right in the usufruct

Detail you can study from the attached presentation,

Regards,

Thanks To Vivek for Sharing

Thank you so much sir.

regards,

Kundan C. Tanawade