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Agreement Of Pledge Deeds Hypothecation 910

Category : Deeds Hypothecation

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 ...