Legal Question in Banking Law in India

In MPFAC Act 1974 whether charge created by bank on agri land is carry over for future loan if charge created for loan purpose was liquidated.


Asked on 4/07/14, 10:29 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

08.04.2014

Dear Sir / Madam,

Google "bings" on MPFAC Act, 1974. Please re-post query with the full form of the abbreviation MPFAC. If a charge has been liquidated, a fresh charge has to be created for a future loan.

Regards,

Read more
Answered on 4/08/14, 1:34 am


Related Questions & Answers

More Banking Law questions and answers in India