Reconstruction - Law Dictionary Search Results
The building is bona fide required by the landlord
the phrase 'the building is bona fide required by the landlord' for the immediate purpose of demolition and reconstruction occurring in s. 14(1)(b) of the Act refers to bona fide requirement of the landlord and the requirement
Sponsor
person holding not less than ten per cent of the paid-up equity capital of a securitisation company or reconstruction company. [Securitisa-tion and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s.
Securitisation
Securitisation, means acquisition of financial assets by any securitisation company or reconstruction company from any originator, whether by raising of funds by such securitisation company or recon-struction company from qualified
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Secured creditor
institutions and includes-- (i) debenture trustee appointed by any bank or financial institution; or (ii) securitization company or reconstruction company; or (iii) any other trustee holding securities on behalf of a bank or financial institution, in whose
Property
copyright, trade mark, licence, franchise or any other business or commercial right of similar nature. [The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2(t)] Means any property of assets or
Obligor
in respect of a financial asset, whether existing, future, con-ditional or contingent and includes the borrower. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1)(q)] Means (1) One
Financial Institution
the Central Government may, by notification, specify as financial institution for the purposes of this Act. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2(1) (m)] Financial institution
Security interest
secured creditor and includes an mortgage, charge, hypothecation, assignment other than those specified in s. 31. [Securitisation and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s. 2(1) (zf)]
Security agreement
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)]
Securitisation company
formed and registered under the Companies Act, 1956 (1 of 1956) for the purpose of securitisation. [Securitisation and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s. 2(1) (za)]
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