Documents that are related with Secured Advances Documents that are related to Secured Advances Documentation is a salient feature of, sound lending. The terms and condition under which the loan is sanctioned…
Material Alteration of Cheque Material Alteration of Cheque Cheques are a form of payment that is recorded by accountants on your receivables ledger. While you may record the payment…
Cheque A cheque is an important document that an individual, companies, governments and many others use to transact their business. By definition, a cheque can be…
Documentation and Margin in Banking Documentation and Margin in Banking Documentation Documentation is a salient feature of sound lending. The terms and conditions under which the loan is sanctioned and…
Distinguish between Contract of Guarantee and Guarantee of Indemnity Indemnity and Guarantee are a type of contingent contracts, which are governed by Contract Law. These are a common way in which creditors protect themselves…
Different forms of Secured Advances and Unsecured Advances Different forms of Secured Advances and Unsecured Advances Secured advances mean loans made on the security of tangible assets like land, building, machinery, goods, and…
Rights and Obligations of the Pledgee A pledge is a bailment that conveys possessory title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment…
Rights and Obligations of the Pledger A pledge is a bailment that conveys possessory title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment…
Cannons of a good Banking Security Cannons of a good Banking Security A bank is one kind of financial institution which deals with money and other monetary instruments and conducts business.…
Distinction among Lien, Pledge and Hypothecation A lien is the right of a creditor in possession of goods, securities or any other assets belonging to the debtor to retain them until…