Encumbrance
Regulation & taxAny charge, lien or pledge over shares that restricts the holder's free disposal of them.
In plain terms
The word SEBI uses in the disclosure. Pledges are the common case; the category is broader.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Any charge, lien or pledge over shares that restricts the holder's free disposal of them.
The word SEBI uses in the disclosure. Pledges are the common case; the category is broader.