Proving security interest: secured creditors may rely on information utility records, a registration certificate, or registry proof. A secured creditor may prove a security interest by relying on records in an information utility, a certificate of registration of charge issued by the registrar of companies, or proof of registration with the central registry for securitisation and security interests, restricting operative proof to registered or repository documentation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Proving security interest: secured creditors may rely on information utility records, a registration certificate, or registry proof.
A secured creditor may prove a security interest by relying on records in an information utility, a certificate of registration of charge issued by the registrar of companies, or proof of registration with the central registry for securitisation and security interests, restricting operative proof to registered or repository documentation.
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