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Q. |
Negative lien means - |
A. | a declaration by a company not to encumber assets of the company without previous consent of banker |
B. | deposit of title deeds with the bank with an oral declaration to mark bank's lien |
C. | a lien letter execut |
D. | by the company authorising the bank to mark lien on its fixed deposit receipt |
Answer» A. a declaration by a company not to encumber assets of the company without previous consent of banker |
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