Divestiture
Legal definition for Indian law research
Definition
divestiture
1 : the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy)
2 : the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.