Section 10: Shares, bonds and debentures to be deemed to be approved securities

Q: What does Section 10 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) deal with?

Section 10 TIFCTURA pertains to "Shares, bonds and debentures to be deemed to be approved securities". It is part of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993, a legislation enacted by the Parliament of India. Section 10 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs shares, bonds and debentures to be deemed to be approved securities. As verified on 19 May 2026.

Q: Is Section 10 TIFCTURA still in force?

Yes, Section 10 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 is currently in force across the Republic of India.

Q: What is धारा 10 TIFCTURA?

धारा 10 TIFCTURA is the Devanagari Hindi reference for Section 10 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. Section 10 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs shares, bonds and debentures to be deemed to be approved securities. As verified on 19 May 2026.

Q: What is Dhara 10 TIFCTURA?

Dhara 10 TIFCTURA is the Roman Hindi reference for Section 10 of the The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993. "Dhara" means "Section" in Hindi. Section 10 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA) governs shares, bonds and debentures to be deemed to be approved securities. As verified on 19 May 2026.

Q: How to cite Section 10 of The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993?

Cite as: "Section 10, The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993 (TIFCTURA)" in legal briefs. For academic writing, use the BlueBook format: The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993, § 10 (India).

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Thursday, 21 May 2026

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Section 10 TIFCTURA (The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993): Shares, bonds and debentures to be deemed to be approved securities | Law on Tips | Law on Tips

Table of Contents

The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993

Chapter I — Full Text

Section 10

Shares, bonds and debentures to be deemed to be approved securities

.-Notwithstanding anything contained in any other law for the time being in force, the shares, bonds and debentures of the Company shall be deemed to be approved securities for the purposes of the Indian Trusts Act, 1882, the Insurance Act, 1938 [***].