Security receipt denotes a transferable instrument evidencing a buyer's undivided interest in securitised financial assets issued by an asset reconstruction company. Security receipt denotes a transferable instrument issued by an asset reconstruction company to a qualified buyer, evidencing the buyer's purchase or acquisition of an undivided right, title or interest in the financial asset involved in securitisation and issued pursuant to a securitisation scheme.
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.
Security receipt denotes a transferable instrument evidencing a buyer's undivided interest in securitised financial assets issued by an asset reconstruction company.
Security receipt denotes a transferable instrument issued by an asset reconstruction company to a qualified buyer, evidencing the buyer's purchase or acquisition of an undivided right, title or interest in the financial asset involved in securitisation and issued pursuant to a securitisation scheme.
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