what ranking charge pari passu?
Cash finance is a term that means that the goods are pledged or released to the borrower against the cash payments only. The bank usually appoints a person who can be called a Care Taker for the goods and who reports to the bank after the release of goods. While the running finance is offered by the financial companies against the creation of charge on inventory or debtors which are of short term nature. The charge can be of any type say 1st charge, Ranking charge, pari pasu charge, etc. mortgages . It usually comes under the heading of the working capital finance.
1st
1st
1st
1ST
cambridge
1st
1st
1st
1ST
1st
Test Series Ranking-1st place ODI Ranking-2nd place.