Rights and Obligations of the Pledgee
Business

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
Business

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…
Distinction among Lien, Pledge and Hypothecation
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…
Who can create a valid Pledge?
Business

Who 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…
Essential Ingredients of Pledge
Business

Essential 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…
Different forms of Mortgage
Business

Different 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…
Negative Lien
Business

Negative 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…
Co-Surety
Business

Co-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…
Right of Subrogation
Business

Right 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…
General Lien
Business

General 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…
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