Section 10
Provisions of this Act to override other laws.
The Bilateral Netting of Qualified Financial Contracts Act, 2020
About this Act
An Act to ensure financial stability and promote competitiveness in Indian financial markets by providing enforceability of bilateral netting of qualified financial contracts and for matters connected therewith or incidental thereto.
The provisions of this Act shall have effect,
notwithstanding anything inconsistent therewith contained in any other law for the time being in force
or any instrument having effect by virtue of any such law.