Legal Question in Banking Law in
can a vacant non-agricultural land be mortgaged to a bank to take loan in the State of Gujarat?
Asked on 1/27/11, 8:44 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
It all depends upon the Bank . I don't think there is any legal restriction to mortgage an agricultural land. It depends upon the Bank whether or not to accept such a security.
Answered on 1/28/11, 7:14 pm
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