Security Agreement
Legal definition for Indian law research
Definition
Security agreement, means an agreement, instru-ment or any other document or arrangement under which security interest is created in favour of the secured creditor including the creation of mortgage by deposit of title deeds with the secured creditor. [Securitisation and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s. 2(1) (zb)]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.