Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

whether the mortgage means disposal?

(Querist) 06 August 2010 This query is : Resolved 
under section 293(1)(a) of Company Law the Company has passed the resolution and gave the powers to board of directors to mortgage the property of company and to charge over the assets of company. the sectioan says about the Sale , Lease and other means of Disposal; but not Mortgage exactly. whether the mortgage will be interpreted in respect of the other means of Disposal in this case?
Devajyoti Barman (Expert) 26 October 2010
No


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :