(1)In this Act, unless t he context otherwise requires, -
(a)“Appellate Tribunal ” means a Debts Recovery Appellate Tribunal established under
sub-section ( 1) of section 8 of the Recovery of Debts Due to Banks and Financial Insti tutions
Act, 1993 (51 of 1993);
(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