Legislative Dictionary - B
Judicial Dictionary
Legislative Dictionary
Bank Debt
Category | B |
---|---|
Title | Bank Debt |
Details | "Bank-debt" means a loan given or a financing benefit in respect of which a claim may be made by a bank company as defined in section 5(o) of the Banking Companies Act, 1991 (Act No. XIV of 1991) or by a financial institution as defined by section 2(j) of the Financial Institutions Act, 1993 (Act No. XXVII of 1993). [See, section 2(37), the Bankruptcy Act, 1997 (Act No. X of 1997)]. |
Created On | June 1, 2011, 12:20 PM |
Hits | 386 |