i m working in project called pledging of share by promoter and impact in
financial market.....
but i m not getting any theory,, only article i got,, if u have anything...
plz forward me...

On Thu, Mar 12, 2009 at 2:44 PM, ashish pahariya <apg...@gmail.com> wrote:

> What kind of material ??????
>
>
> On Thu, Mar 12, 2009 at 10:47 AM, Rohit Kumar Agrawal <rohit4...@gmail.com
> > wrote:
>
>> thanks..... do u have any material or theory... plz let me know.....
>>
>>
>> On Wed, Mar 11, 2009 at 10:17 PM, ashish pahariya <apg...@gmail.com>wrote:
>>
>>> The bailment of goods as security for payment of a debt or performance of
>>> a promise is called 'pledge'.  So when shares are given as security against
>>> payment of loan taken by the holder of shares from any bank or financial
>>> institution, it is pledge of shares.  The pawnee ( banks or financial
>>> institutions ) has right to sell these shares or get these shares registered
>>> in their names ( depending upon the terms of plege) in case of any default
>>> is there with respect to interest on loan or payment of loan amount.  But
>>> still all rights and liabilities on these shares ( like voting, etc.) rest
>>> with the shareholder until the default arises and pawnee exercises his right
>>> upon it.
>>>
>>>
>>>
>>> --
>>> Ashish Pahariya,
>>> B.Com., LL.B.,
>>> Gujarat National Law University.
>>>
>>>
>>>
>>
>>
>>
>
>
> --
> Ashish Pahariya,
> B.Com., LL.B.,
> Gujarat National Law University.
>
> >
>

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