Deeds Hypothecation LegalDraft-Templates

Hypothecation of a Car Deed of Hypothecation made at this day of between M s Company Limited a company registered under the Companies Act 1956 and having its registered office at hereinafter referred to as the Company of the one part and Bank of a Scheduled Bank registered under the Companies Act 1956 having its registered office at hereinafter referred to as the Bank of the other part WHEREAS an order was placed with the manufacturer i e M s for purchase Motorcar Description of the Car and company as paid initial payment of Rs to the manufacturer AND WHEREAS the company has approached the Bank for a loan of rupees for payment of the balance price of the said car and to meet other incidental expenses which the Bank has agreed to do on the company agreeing to Hypothecate the said car wi...

Hypothecation of Property This deed of Hypothecation made entered into at this day of between M s a Registered partnership firm consisting of 1 Mr 2 Mr 3 Mr as partners and carrying on business at hereinafter referred to as the Debtors of the One Part and Bank of a Banking Corporation constituted under the Banking Companies Acquisition and Transfer of undertaking Act 1970 having its Branch Office at hereinafter referred to as the Bank of Other Part WHEREAS the Debtors are carrying on business of importing for the manufacture of and have placed an order with a foreign seller in Spain namely M s for the purchase and import of the machinery mentioned in the schedule hereunder written and for which the Debtors have obtai...

Agreement of pledge THIS AGREEMENT OF PLEDGE is made and entered into at this day of between a company registered under the Companies Act 1956 and having its registered office at hereinafter referred to as the Borrower of the One part and Bank of a Bank constituted by the Banking Companies Acquisition Transfer of Undertakings Act 1970 and having its Head Office at and a branch office at hereinafter called The Bank of the Other Part WHEREAS the Borrower has requested the Bank to grant to the Borrower a cash credit facility of Rs Rupees only for the purpose which the Bank has agreed to do on the Borrower agreeing to repay the said moneys becoming due with interest and other charges in the manner mentioned in the First Schedule and on the Borrower agreeing to ...

Simple pledge To The Manager Bank of Dear Sir I Mr residing at hereby confirm that the and mentioned in the list hereto attached have been pledged with you by me and are lying in your custody as such pledge to secure a loan of rupees I have borrowed from you and in respect of which I have passed a separate writing In case I fail to pay the said amount as agreed you will be entitled to enforce the pledge by sale of the said and at the market rate and appropriate the net sale proceeds towards the amount payable to you and I will have no objection to your doing so The balance of the sale proceeds if any will be paid to me immediately In the event of the sale proceeds proving insufficient to pay the amount in full I will continue to be liable to pay the same personally until repaid Dated Yours truly...