BusinessRights 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…
BusinessRights 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…
BusinessDistinction 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…
BusinessWho can create a valid Pledge? 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…
BusinessEssential Ingredients of Pledge 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…
BusinessDifferent forms of Mortgage A mortgage is a debt implement, secured by the collateral of particular real estate property, which the borrower is obliged to pay back with a…
BusinessNegative Lien Negative Lien A lien is the right of a creditor in possession of goods, securities or any other assets belonging to the debtor to retain…
BusinessCo-Surety Co-Surety means one who is surety along with others. That means, any of two or more sureties liable on the same obligation. When two or…
BusinessRight of Subrogation Subrogation refers to the process an insurance company uses to seek reimbursement from the responsible party for a claim it has already paid. Right of…
BusinessGeneral Lien A general lien is a right of one person to retain any property or goods which are in his possession belonging to another person until…