If in any pledge agreement ownership(though we know ownership is not transferred in case of pledge) is transferred from pledger to pledgee, but beneficial interest remains with the pledger, what will be the consequences?
Sandip Goswami (Management Trainee) 22 March 2012
If in any pledge agreement ownership(though we know ownership is not transferred in case of pledge) is transferred from pledger to pledgee, but beneficial interest remains with the pledger, what will be the consequences?