https://www.taxtmi.com/acts?id=34593 Assignment of debt or receivables to a special purpose distinct entity requires identifiable cash flows, a valid enforceable pre-existing interest, freedom from encumbrances, necessary consents, no set-off risk, arms' length pricing, and adherence to representations and warranties. The receivables must be duly assigned and legally realizable, and the transaction must be structured as a genuine true sale that minimises consolidation risk and keeps the entity remote from bankruptcy, insolvency, and winding up risks. Acquisition from an originator in the same group as, or under the same control as, the trustee is prohibited. en-us Tue, 08 Jan 2019 15:02:51 +0530 Tue, 07 Jul 2026 11:20:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34593 Assignment of debt or receivables to a special purpose distinct entity requires identifiable cash flows, a valid enforceable pre-existing interest, freedom from encumbrances, necessary consents, no set-off risk, arms' length pricing, and adherence to representations and warranties. The receivables must be duly assigned and legally realizable, and the transaction must be structured as a genuine true sale that minimises consolidation risk and keeps the entity remote from bankruptcy, insolvency, and winding up risks. Acquisition from an originator in the same group as, or under the same control as, the trustee is prohibited. Act-Rules SEBI Tue, 08 Jan 2019 15:02:51 +0530 https://www.taxtmi.com/acts?id=34593