You are on page 1of 2

Lien - same name and capacity

Secunt'es n name ofLoan en name of Appbcability


A A Anal*
A A and 8 Amiable
A ABC km /Wadable
Awn A Not avallabte
ABC Mn A Not evelabie
Guarantor A evadable

Right of Set-Off

Right of Set-Off
Set-off is the right of a debtor to take into account a debt owing to him
by a creditor, when claiming a debt due from him to the creditor.
Or
Banker's Right of set off is also known as the right of combination of
accounts . A bank has a right to set off a debt owing to a customer
against a debt duo from him.

You might also like