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Registration or Change of A Company Mortgage

  • Almost all the large and small companies depend upon share capital and borrowed capital for financing their projects. Borrowed capital may consist of funds raised by obtaining financial assistance from Banks or Financial Institutions.
  • The Banks or Financial Institutions do not lend their monies unless they are sure that their funds are safe and they would be repaid. In order to secure their loans they resort to creating right in the assets and properties of the borrowing companies.
  • This help the lending intuitions to ensure that the assets being offered as security for their proposed loans are not already encumbered. Non registration of mortgage or charge or pledge etc is void against the liquidator and creditor.
  • CXPL counted as one of the leading service providers for registration or modification or satisfaction of mortgage or charge or pledge etc in favour of the Bank or Financial Institution.

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