Document Fragment View
Fragment Information
Showing contexts for: assignment lease in D.Thiagaraj vs M/S Punjab National Bank on 13 August, 2020Matching Fragments
(a) take possession of the secured assets of the borrower including the right to transfer by way of lease, assignment or sale for realising the secured asset;9
[(b) take over the management of the business of the borrower including the right to transfer by way of lease, assignment or sale for realising the secured asset:
Provided that the right to transfer by way of lease, assignment or sale shall be exercised only where the substantial part of the business of the borrower is held as security for the debt: