What is the difference between Mortgage, Pledge and
Hypothecation? Reply.....
Answers were Sorted based on User's Feedback
Answer / r sumitra
pledge is the bailment of goods as a security for debt or
performance of promise
mortgage is charge on immovable property
hypotheciation is charge on movable property
| Is This Answer Correct ? | 23 Yes | 7 No |
Answer / rajkiran
Mortgage is charge on immovable property. e.g. land, house, e.t.c. (an exception is ships, though they are movable)
Pledge or Hypothecation is charge on movable assets.
Pledge is when the lender takes the possession of goods, e.g. gold, certificates, e.t.c. In case of a default by the borrower, the ownership is transferred to the lender.
Hypothecation is when the possession of the goods is with the borrower, e.g. vehicle loans, loan against stocks. In case of a default by the borrower, the possession and ownership will be transferred to the lender.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is form 'H'? and why its used in Manufacturing Industry?
what is c form?state with examples?
Can we deduct tds on travel agents,if yes then what is the rate & section? ... For the current TDS rates in India, and more information about TDS deduction
How do I get a C form with the bank Guarantee?
In Indian Taxation point of view, what you will look into a payment or what is to be observed while making a payment.
When calculating tds on a service bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Service tax" ? please answer with relevant provision
8 Answers Market Insight, NetTantra Technologies, Simoco,
HOW MANY TIPE OF BALANSHEET
if i allow to deduct tds to another company from my income, in which situation i can getback from govt. is it possible to get back this tds amount?
please explain me in brifly how to file monthly TDS challan for a company? e.g. if i deduct tds from all various bills of contractor in a month so this all total tds amount credit towards tds account?
1 Answers Overnite Express, Spectrum Engineers,
WHER ISFORM D2 USE.
how to file returne?
What is difference between Contract and legel and legel and profession service???? I had face this question in interview