Veritas Finance Assistant Manager - Legal Interview Questions, Process, and Tips

A Legal Manager in the corporate sector is responsible for providing legal advice, managing legal risks, and ensuring compliance with laws and regulations.

• Providing legal advice and guidance to the company and its employees

• Drafting and reviewing contracts, agreements, and other legal documents

• Managing legal risks and ensuring compliance with laws and regulations

• Representing the company in legal proceedings and negotiat...read more

The main element required as documents for equitable mortgage is a Memorandum of Deposit of Title Deeds.

• Memorandum of Deposit of Title Deeds is the main document for equitable mortgage.

• It is a written agreement between the borrower and the lender.

• The borrower deposits the original title deeds of the property with the lender as security for the loan.

• The memorandum should contain details of the property, loan amount, int...read more

An encumbrance certificate is a legal document that provides information about any monetary or legal liabilities on a property.

• An encumbrance certificate is obtained from the sub-registrar's office where the property is registered.

• It is used to verify if there are any pending loans, mortgages, or legal claims on the property.

• The certificate also confirms that the property is free from any encumbrances, ensuring a clear...read more

Equitable mortgage requires a Memorandum of Deposit of Title Deeds.

• Equitable mortgage is created by depositing the title deeds of the property with the lender.

• The lender holds the title deeds as security for the loan.

• A Memorandum of Deposit of Title Deeds is executed to record the deposit of the title deeds.

• The Memorandum of Deposit of Title Deeds should contain details of the property, the loan amount, and the terms o...read more