Legal glossary

“secured debt”

Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
  1. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · s. 2

    (ze) "secured debt" means a debt which is secured by any security interest; 6[(zf) "security interest" means right, title or interest of any kind, other than those specified in section 31, upon property created in favour of any secured creditor and includes—
    Read section 2