Banking Terms – Loans Archive

Pledge, Pledgor, Pledgee And Bank Loans

Pledge, pledgor, pledgee, pawnor, pawnee, good, bailment, bank, security, right of redemption, retain, auction, private sale, owner, right, possession, notice
Pledge is a popular method adopted in banking to create charge on a security. It is a specific form of bailment. Pledge is defined under the Indian Contract Act as a form of bailment of goods where
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Bailment, Bailor And Bailee

Bailment, bailor, bailee, contract, delivery, goods, disposed of, Indian Contract act, pledge, differences
Bailment is defined in Section 148 of The Indian Contract Act 1972.As per the definition, bailment is delivery of goods by one person to another for some purpose upon a contract that they shall, when the purpose
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Types of stamps and stamping methods

stamping method, stamp, special adhesive stamp, revenue stamp. franking, e-stamping, judicial stamp paper, non-judicial stamp paper, court fee, execution, document, Indian Stamp Act,
Indian Stamp Act,1899,  a revenue legislation governs the stamping of  documents and instruments. The Act also stipulates the instruments that are chargeable with stamp duty.  The governing norm regarding stamp duty is that all instruments liable for
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