lg0f{o g+=&(@% g]=sf=k= @)^% ;jf]{Rr cbfnt, ljz]if Ohnf; dfggLo ...

l;4fGt lqmoflzn x'g ;Sg] cj:yf 5}g /
d]/f] / k|TohL{sf aLrdf collateral
contract ;DkGg ePsf] 5 .
s/f/sf] k|efjsf/Ltf l/6 If]qaf6
x]g{ ldNg] xf]Og . dWo:y lgo'lQmsf] dfu
xbDofb leq /x]sf] jf g/x]sf] eGg] laifo
g} s/f/sf] k|efjsf/Ltfsf] k|Zg xf] .
k|ToyL{n] dWo:y P]g, @)%% sf] bkmf !^
-!_ jdf]lhdsf] k|s[of cjnDag ug'{
ePsf] 5}g . pQm bkmf !^ -!_
jdf]lhdsf] dfu{ oyfjt /xFbf /xFb} bfo/
u/]sf] l/6 vf/]h efuL 5 . k|ToyL{n] d
;d]t pk/ bfo/ ug'{
ePsf] @)^#
;fnsf] l/6 g+=))*! df ;d]t o; l/6
lgj]bgdf p7fpg' ePsf sfg"gL tYo
;+j}wflgs k|Zg p7fpg' ePsf]df of] l/6
c=a+=*% g+=/ &# g+=;d]t ljk/Lt 5 .
k|ToyL{n] p7fpg' ePsf] d"n
;Demf}tfsf] zt{ g+=%! -!_, -@_ / -#_ sf]
;Dk"0f{ k|s[ofsf] canDag x'g' kg] { lhls/
lng' ePsf] 5 . d}n] k|ToyL{ lgj]bsnfO{
ldlt @)^@.%.* sf] kqdf Ifltk'lt{ /
e'QmfgLsf] bfjL k]z u/] kZrft k|ToyL{n]
;f] jdf]lhd gu/] kl5 k'gM @)^@.!).!&
sf] kq dfk{mt ;Demf}tfsf] bkmf !$
cGtu{t lajfbsf] lg/f]k0fsf] dfu u/]sf]
5' . k'gM d]/f] @)^@.!).!& sf] lgj]bg
k|ToyL{n] k|fKt u/] kZrft d"n
;Demf}tfsf] bkmf %! -#_ jdf]lhdsf]
k|s[of ckgfpg] bfloTj k|ToyL{sf] xf] .
k|ToyL{sf] ;Demf}tfdf pNn]v ePsf] k|s[of
ckgfpFbf dWo:y x'g ;s]sf] cj:yf
b]vfpg ;Sg' ePsf] 5}g . o; cj:yfdf
dWo:y P]g, @)%% sf] bkmf & -!_
cfslif{t eP kZrft k|ToyL{n] dWo:y
lgo'lQm k|s[ofdf pbfl;gtf b]vfP kZrft
212
c+s @
cbfntn] P]gsf] bkmf & -#_ sf] clwsf/
k|of]u u/L dWo:y lgo'lQm ug] { tk{m
Goflos k|s[of cufl8 a9fpFbf d"n
;Demf}tfsf] bkmf %! -!_ -@_ / -#_ uf}0f
x'g k'Ub5 . o; cj:yfdf dWo:ytf P]g,
@)%% / dWo:ytf -cbfntlL sfo{ljlw_
lgodfjnL, @)%( sf] lgod ^ jdf]lhd
dWo:y lgo'lQm ubf{ lakIfLsf] df}lns xs
jf sfg"gL xs cf3fltt gx'g] x'Fbf
l/6
lgj]bg vf/]h ul/kfpFm eGg] ;d]t
Joxf]/fsf] k| ]m08; sg6«S;g k|f=ln=sf]
lnlvt hjfkm .
k|m]08; sG:6«S;g sDkgLn] bfjL
u/]sf] /sd bfjLsf ;DaGwdf sfg"g
jdf]lhdsf] dfu cjnDag u/] s'g}
cfklQ gx'g] hjfkm g]zgn sG;6«S;g
sDkgLaf6 k|fKt ePsfn] cbfntaf6
dWo:y lgo'lQm ul/kfpFm eGg] d'Vo dfu
/x]sf]df Pg=;L=;L=Pg / hgsk'/ c+rn
c:ktfnsf] aLr ePsf] ;Demf}tfsf] zt{
g+=%! -!_ -@_ / -#_ df pn]v eP
jdf]lhdsf zt{nfO{ k| ]m08; sG:6«S;g
k|f=ln= / l/6 lgj]bg aLr ePsf] kl5Nnf]
@)%&.*.# sf] ;Demf}tfsf] zt{ g+=!#
g+=df :jLsfl/P cg'?k o; cbfntaf6
l/6 lgj]bgnfO{ cfˆgf] tk{msf dWo:ysf]
gfd k|:tfj ug{ cfb]z ul/Psf]df ldlt
@)^#.$.!! sf] tf/]v g} u'hf/L a;]sfn]
lgj]bs k| ]m08; sG:6«S;g k|f=ln= sf]
tk{maf6 al/i7 clwjQmf >L nIdLaxfb'/
lg/fnfnfO{ cWo:tf P]g, @)%% / dWo:tf
lgodfjnL, @)%( sf] lgod ^ jdf]lhd
dWo:y lgo'lQm ul/Psf] xf] . ;f]xL
lgodsf] !) jdf]lhd dWo:y lgo'lQmsf]
hfgsf/L lgj]bs / dWo:ytfnfO{ ;d]t
oyfzSo lbg' egL ldlt @)^#.$.@* df