law: Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993
  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 (2 of 1982), the Insurance Act,
  
  1938 (4 of 1938) and the Banking Regulation Act, 1949 (10 of 1949).