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By :- Suraj Bhan Marketing ManagerMb- +91- 8758567525 Creation of Charge on Security Assets Here we cover..HypothecationPledgeAssignmentMortgage LienSet-offHypothecationHypothecation is defined in SARFAESI Act 2002Charge on Movable AssetsNeither Ownership and Nor Possession of assets passed to Creditor
PledgePledge is defined in Sec-172 Contract Act 1872Bailment of goods for purpose of providing security for payment of dept or performance of promise
Mortgage is defined in Transfer of property act 1882