Discuss in detail the salient features of Securitization, Reconstructi

Question

Discuss in detail the salient features of Securitization, Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

06 Feb 2021

Answer :

Word Count : 401

Ffeatures of Securitization are:

Marketability:

The very purpose of securitization is to ensure marketability to financial claims. Hence, the instrument is structured in such a way as to be marketable. This is one of the most important features of a securitized instrument, and the others that follow are mostly imported only to ensure this feature. Marketability involves two concepts: (1) the legal and systematic _______ ___ ________ ____ ____ _______ ____.
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