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CLAW ICAP + Crescent > Ch# 07 Mortgages and charges > Flashcards

Ch# 07 Mortgages and charges Flashcards

1
Q

Types of borrowing?

A

IF DOS (IF formula is used in disk operating system)

Financial Institutions
Debentures
Other Sources (Sponsors)

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2
Q

Types of security?

A

PMC (Pakistan Medical College)

Pledge
Mortgage
Charge

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3
Q

List the pledge, mortgage, or charge to be registered?

A

GC DR. PRISM

Goodwill and I.P
Conditional sale agreement

Debentures
Redeemable capital

Property
Receivables (Book debts)
Immoveable property
Ship or aircraft
Moveable property

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4
Q

Duty of registrar of payment/satisfaction of charge by company?

A

NOC

No objection
Objection
Notice of show cause

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CLAW ICAP + Crescent (7 decks)

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