RE: LEGAL OPINION ON PLEDGEMENT OF SHARE CERTIFICATE NO. 33 OF MRS. A.
We refer to your letter no. MBL/BN/2007/1080 dated July 03, 2007 on the above subject.
In order for us to give our opinion as to whether pledgement of shares instead of registered mortgage of the apartment shall protect the interest of the Bank or not, we need to examine the Memorandum and Articles of Mr. x.
Kindly provide us with a copy of the above-mentioned document as soon as possible.
For: “The Lawyers & Jurists”