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Querist : Anonymous (Querist)
27 November 2009 what difference between mortgage & hypothecation , pledge, charge?
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shakuntala chhangani

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shakuntala chhangani (Expert)
27 November 2009 Mortgage is for immovable property, pledge is for movable property and hypothecation is in respect of stock in which the co. deals and even if it is provided as security the co. is allowed to deal with the same.

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