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Sai   13 November 2022

Deposit of title of loan is repayable on demand

In EC it's refelecting that deposit of title deeds if loan is repayable on demand. It is also mentioned that sale agreement has made with 1 crore and advance is mentioned has 50 lakhs and the validity is mentioned as 11 months. The land has been pledged for money. Can a lender be able to acquire or take position of the land without the principal signature ? Will the title be transferred to the lender automatically ?



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