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Home Highlights February 2016 Year 2016 This

Amendment of section 10. - The term “securitisation” for the ...


Section 10 Amendment Expands "Securitisation" Definition to Align with Clause (z) of Section 2(1) of SARFAESI Act 2002.

February 29, 2016

Act Rules     Bill

Amendment of section 10. - The term “securitisation” for the purposes of the said clause shall also include securitisation, as defined in clause (z) of sub-section (1) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

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