Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The Section 2(16) of the Companies Act 2013 defines ‘Charge’ as “an interest or lien created on the property or assets of a company or any of its undertaking or…
Charge creation means the establishment of the lender’s right over specified assets of the borrower in order to recover principle and interest in default from the borrower. The charge can…
A Charge means an interest or lien created on the property and assets of the company or any of its undertakings or both as security and includes a mortgage. When…
CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest) registration is mandatory for all types of security interests created on assets, including mortgages, securitization, and asset reconstruction. This includes…
IntroductionIn the context of home loans, a mortgage refers to the process wherein a borrower offers their immovable property as collateral to secure a loan. One of the common methods…
A lien or positive lien is akin to a bailment. It is the claim or legal right to retain goods or securities that are typically used as collateral to satisfy…
Condonation of delay by Registrar of Companies: If a company is unable to file the registration of charge within a period of thirty days of the date of creation of…
Negotiable Instrument Fundamentals A negotiable instrument is a written and signed document that promises or orders payment of a specific sum of money, either on demand or at a future…
The lender’s right to the term “Hypothecation of assets” is not defined anywhere in the statute. Some courts have even compared hypothecation to the mortgage of movables. Hypothecation of assets…
business advisor
public relations advisor
HR expert
marketing expert
business strategy
business communications
marketing coach
