Legal glossary

“security receipt”

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

    (zg) "security receipt" means a receipt or other security, issued by a[1] [asset reconstruction company] to any[2] [qualified buyer] pursuant to a scheme, evidencing the purchase or acquisition by the holder thereof, of an undivided right, title or interest in the financial asset involved in securitisation;
    Read section 2