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Mortgage of own flat by director to the Bank for OD facility to a private Company

Posted By : Sachin / Published on : 15-Dec-2020 11:44 AM / View : 58 / Comments : 0

Hello All,

What are the implications of mortgage of own flat by director to the Bank for OD facility sanctioned to a Private Company in which he is a promoter director?

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Shareholder of the company mortgage his own property

Posted By : Damini / Published on : 27-Aug-2020 10:55 AM / View : 101 / Comments : 0

Can a shareholder of the company mortgage his own property to the bank in favour of the company. Kindly help
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