02.05.2011 - India: Concerns among PE firms over enforcing realty share pledges
The pledging of shares is a mechanism through which an investor or a lender can ensure a company or a borrower delivers a promised return or repays a loan within the stipulated period. When the company defaults on the pledge, the shares are sold. PE funds that focus on real estate have got such pledged shares from their portfolio companies..............................................Full Article: Source
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