Question
Hypothecation includes
Solution
SARFAESI Act - “hypothecation” means a charge in or upon any movable property, existing or future, created by a borrower in favour of a secured creditor without delivery of possession of the movable property to such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable property.
Which of the following crop is perennial, meaning it can live for multiple years and does not need to be replanted each season in order to produce a ha...
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