Dear all,
My query is :- WHY IS SHAREHOLDER APPROVAL NOT REQUIRED WHEN EQUITABLE MORTGAGE IS CREATED ON AN ASSET OF THE COMPANY , BUT SHAREHOLDERS APPROVAL IS REQUIRED REQUIRED WHEN USUFRUCTORY MORTGAGE IS CREATED ?????
Regards,
Sagnik Sanyal
Sagnik (Management Trainee) 16 March 2012
Dear all,
My query is :- WHY IS SHAREHOLDER APPROVAL NOT REQUIRED WHEN EQUITABLE MORTGAGE IS CREATED ON AN ASSET OF THE COMPANY , BUT SHAREHOLDERS APPROVAL IS REQUIRED REQUIRED WHEN USUFRUCTORY MORTGAGE IS CREATED ?????
Regards,
Sagnik Sanyal
Member Strength 9,46,573 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
