Reconstruction Company - Law Dictionary Search Results
Bank
a subsidiary bank; or (v) a subsidiary bank. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, … Companies Act, 1929 relating to Banks. By s. 358, no company, association or partnership consisting of more than ten members shall
Securitisation company
(1 of 1956) for the purpose of securitisation. [Securitisation and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 … Securitisation company, means any company formed and registered under the Companies Act,
Financial Institution
financial institution for the purposes of this Act. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 … Financial Institution, means a banking company to which the Banking Regulation Act, 1949 (10 of 1949)
Property
business or commercial right of similar nature. [The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, … a going concern as a unit. Undertaking of a banking company is property, R.C. Cooper v. Union of India, AIR 1970
Borrower
financial institution in relation to such financial assistance. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, … and includes a person who becomes borrower of a securitisation company or recon-struction company consequent upon acquisition by it of any
Qualified institutional buyer
corporate as may be specified by the Board. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, … Qualified institutional buyer, means a financial in-stitution, insurance company, bank, State financial corporation, State industrial development corpora-tion, trustee or
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