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Cabinet issues draft law on mortgaging movable funds

Cabinet issues draft law on mortgaging movable funds  15 Apr 2021 - 15:59 The Peninsula Doha: The Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani chaired the regular Cabinet meeting yesterday through video conferencing. The Cabinet took necessary measures to issue a draft law on mortgaging movable funds after the Council of Ministers reviewed the recommendation of the Shura Council on the draft law. The draft law aims to enable companies and individuals to obtain bank loans with the guarantee of mortgaged movables and contribute to reducing the cost of loans by creating a guarantee for banks to reduce the risk of defaulting payments, thus supporting small and medium enterprises and their contribution to the national economy.

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Welcome To IANS Live - NATION - ED attaches properties of Muzaffarpur shelter home accused wife and NGO in Delhi worth Rs 1 45 cr

Photo Credit: IANS IANSLive New Delhi, March 3 (IANS) The Enforcement Directorate (ED) on Wednesday took possession of immovable property worth Rs 1.45 crore situated in the national capital in connection with a money laundering case in Muzaffarpur shelter home case. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 03-March-2021

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