Mortgage by deposit of title deed

Satya nand aggarwal (Querist) 18 November 2015 This query is : Resolved
sale deed in favour of four persons whether two person can deposit the original sale deed by way of equitable mortgage with bank of their share for raising loan.

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Guest (Expert) 18 November 2015
It would be Only at Bank's Discretion.

Rajendra K Goyal (Expert) 18 November 2015
They can do so, Bank may ask for NOC from others.

R.K Nanda (Expert) 18 November 2015
ask from concerned bank officials.

Rajendra K Goyal (Expert) 19 November 2015
Repeated query:

http://www.lawyersclubindia.com/experts/Banking-matter--570856.asp

Kumar Doab (Expert) 19 November 2015
Agreed with experts.

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