hypothecation deed

Dear members
I have to execute hypothecation deed in favour of bank .but bank manager said hypothecation deed always has to be execute at the registered office of the company on the state stamp paper of registered office.

but I think it's not correct we can execute hypothecation deed in favour of bank at our corporate office too which is in UP.

Please Correct ME IF I AM Wrong. Bank manager said show case law or any legal provision for this that deed can be execute anywhere irrespective of registered office. please share case law or legal provision?



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