Securitisation Company - Law Dictionary Search Results

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Securitisation company

securitisation company means any 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

Securitisation

..... 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 institutional buyers by issue of security receipts representing .....

Scheme

..... to security receipt proposed to be issued by a securitisation company or reconstruction company under that scheme securitisation and reconstruction of financial assets and enforcement of security ..... security receipts proposed to be issued by a securitization company or reconstruction company under that scheme securitisation and reconstruction of financial assets and enforcement of security .....

Secured creditor

..... includes i debenture trustee appointed by any bank or financial institution or ii securitisation company or recon struction company or iii any other trustee holding securities on behalf of a bank or ..... security interest is created for due repayment by any borrower of any financial assistance securitisation and recon struction of financial assets and enforcements of security interest act 2002 54 .....

Security receipt

security receipt means a receipt or other security issued by a securitisation company or reconstruc tion company to any qualified institutional buyer pursuant to a scheme evidencing the purchase or ..... 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 .....

Borrower

..... bank or financial institution and includes a person who becomes borrower of a securitisation company or recon struction company consequent upon acquisition by it of any rights or interest of any ..... bank of financial institution in relation to such financial assistance securitisation and reconstruction of .....

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 securitisation and reconstruction of financial assets and enforcement of security interest act 2002 54 of 2002 s 2 1 r

Sponsor

..... 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 .....

Banking company

..... 1949 securitisation and reconstruction of financial assets and enforcement of security interest act 2002 s 2 1 d banking company means a company which ..... vol 7 1 4th edn para 873 p 642 banking company means a company which is an authorized institution halsbury s laws of england ..... c of the act of 1949 defines a banking company to mean any company which transacts the business of banking in india subject .....

Reconstruction company

reconstruction company means a company formed and registered under the companies act 1956 1 of 1956 for the purpose of asset reconstruction securitisation and reconstruction of financial assets and enforcement of security ..... interest act 2002 54 of 2002 s 2 1 v reconstruction of a company upon a .....

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