Rule 10, International Monetary Fund and Bank Act Rules, 1947 [S19-4WD]

As at 6 September 2026. In force from 27 December 1947.

In International Monetary Fund and Bank Act Rules, 1947 [R10-2BS]. This text from 27 December 1947. No other text held.

Synthetic. This instrument and its words are generated by the register.

Cite: Rule 10, International Monetary Fund and Bank Act Rules, 1947 [S19-4WD]. Machine: S19-4WD.

10. Procedure for the enforcement of security interest.—(1) Every secured creditor shall, before undertaking the enforcement of security interest, intimate the Reserve Bank in writing, specifying the licence concerned and the period for which it is proposed to be undertaken. (2) The Reserve Bank may, within seven days of the receipt of the intimation, require the person to furnish such further particulars as it considers necessary.

Defined terms in this text (2)

Reserve Bank: Section 2, Forfeited Deposits Act, 1850 [S11A6B] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)

Reserve Bank: Section 2, Rent Recovery Act, 1853 [S11HSK] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)

Reserve Bank: Section 2, Government Savings Banks Act, 1873 [S133PZ] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)

Reserve Bank: 22 more definitions.

security interest: Section 2, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2KMFZ] (In this Act, unless the context otherwise requires,—): "security interest" means right, title or interest of any kind upon property created in favour of a secured creditor

security interest: Section 2, Forfeited Deposits Act, 1850 [S11A6B] (In this Act, unless the context otherwise requires,—): "security interest" means right, title or interest of any kind upon property created in favour of a secured creditor

security interest: Section 2, Government Savings Banks Act, 1873 [S133PZ] (In this Act, unless the context otherwise requires,—): "security interest" means right, title or interest of any kind upon property created in favour of a secured creditor

security interest: 15 more definitions.

Made under this rule, or naming it (0)

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Cited by (0)

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Not held (0)

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