BareLaws
SUBSECTION
3 interpreted terms

Section 2(1)(b)

From: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

(b) “asset reconstruction ” means acquisition by any 2[asset reconstruction company ] of any right or interest of any bank or financial institution in any financial assistance for the purpose of realisatio n of such financial assistance; 3[(ba) “asset reconstruction company ” means a company registered with Reserve Bank under