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It is nothing but the idea that how many signatories sign is required while transacting;

Types of Mop

1) Singly signed

2) either or Survivor

3) Both compulsory

4) Person A upto Rs.............amt, person B upto RS................ amt

5)Person A upto Rs.............amt, person B exceeding this amt.

6) Any 2 from group A ; any 2 from group B. etc................

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13y ago

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