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Securities include which of the following?

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Securities include which of the following?
1). derivatives
2). units or any other instrument issue by any collective investment scheme to the investors in such schemes
3). Government securities
4). Share, stocks , bonds, debentures, debenture stock or other marketable securities of a like nature


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Answered by on | Votes 3 |

Section 2 of this Act contains definitions of various terms used in the Act. Some of the important definitions are given below:

Securities include –

 (i) shares, scrips, stocks, bonds, debentures, debenture stock or other marketable securities of a like

nature in or of any incorporated company or body corporate.

(ii)derivative.

(iii)units or any other instrument issued by any collective investment scheme to the Investors in such

schemes.

(iv)security receipt as defined in clause (zg) of Section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

(v)units or any other such instrument issued to the investors under any mutual fund scheme.

(vi)any certificate or instrument (by whatever name called) issued to an investor by any issuer being a special purpose distinct entity which possess any debt or receivable, including mortgage debt, assigned to such entity, and acknowledging beneficial interest of such investor in such debt or receivable, including

mortgage debt, as the case may be.

(vii)government securities.

(viii)such other instruments as may be declared by the Central Government to be securities and,

(ix)rights or interests in securities

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