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Querist : Anonymous

Querist : Anonymous (Querist)

20 July 2015 Can a land of a private company be mortgage by a partnership firm, in which all the directors of company are partners?
please reply as soon as possible.

Pratik Shah

Pratik Shah (Expert)
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20 July 2015 No, it is not at all possible. Plz refer Section 185 of Companies Act 2013.

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