CmaBylaw
Executive Bylaws
9-13 Sale and Ownership of Pledged Securities upon the Debtor’s Default Of Module Eleven: Dealing in Securities
Section: Chapter Nine: Pledge of Securities
-
Tuesday, 14 February 2017
In the event that the creditor pledgee is a bank or Financial Institution and the debtor or pledgor is a Professional Client, the parties may agree when they enter into a pledge agreement or afterward to give the creditor pledgee the right to acquire the ownership or sell or execute the pledge regardless of the provisions of articles (231) and (233) of the Companies Law and the provisions of chapter three of the Civil and Commercial Pleadings Law.
Related pages - By Law
Related Pages
CmaSideNavigation
In this section

We use cookies to ensure you get the best experience on our website.