Legal Question in Credit and Debt Law in Pakistan
in which case we need noc from other banker, while creating a ranking charge or a parri passu charge and please breif me the concepts of all charges.
Asked on 9/14/10, 3:04 am
1 Answer from Attorneys
whenever the collateral of the first mortgage is the same and the mortgagor assumes the collateral is suuficient to cover all at parri passu, proposition has other variations too.
Answered on 9/20/10, 3:21 am
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