Financial Asset - Law Dictionary Search Results
Originator
Originator, means the owner of a financial asset which is acquired by a securitisation company or reconstruction company for the purpose of securiti-sation or asset reconstruction.
Borrower
[Credit Information Companies (Regulation) Act, 2005 (30 of 2005), s. 2(b)] --Means any person who has been granted financial assistance by any bank or financial institution or who has given any guarantee or created any mortgage or … interest of any bank of financial institution in relation to such financial assistance. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2(1) (f)] The expression 'borrower' in s. 7 need not
Scheme
proposed to be issued by a securitisation company or reconstruction company under that scheme. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1)(y)] 1. A systematic plan; a … to be issued by a securitisation company or reconstruction company under that scheme. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1)(y)] 1. A systematic plan; a connected
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Security receipt
evidencing the purchase or acquisition by the holder thereof, of an undivided right, title or interest in the financial asset involved in securitisation. [Securitisation and Reconstruc-tion of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of
Financial assistance
Matched in: Term Financial assistance
Bank
STOCK BANKS and LIMITED LABILITY, and consult Grant, Paget, or Walker on Banking, Chitty's Statutes, tit. 'Bank.' Means financial institution engaged in the accepting of deposits of money, granting of credit (by loan, overdraft) and other transactions … Bank of India; or (iv) a subsidiary bank; or (v) a subsidiary bank. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2 (1)] (b) means-- (i) a banking company; (ii) a
Secured asset
Matched in: Term Secured asset
Debts Recovery Tribunal
the Tribunal established under sub-s. (1) of s. 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of … of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2 (1) (i)]
Hypothecation
a secured creditor without delivery of possession of the movable property to such creditor, as a security for financial assistance and includes floating charge and crystallization of such charge into fixed charge on movable property. [Securitisation and … floating charge and crystallization of such charge into fixed charge on movable property. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2 (1) (n)] The pleading of something
Banking company
s. 5 of the Banking Regulation Act, 1949 (10 of 1949). [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), s. 2 (e)] shall have the meaning assigned to it in clause … (c) of s. 5 of the Banking Regulation Act, 1949 (10 of 1949). [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2 (1) (d)] Banking company, means a company which is
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