0 comments on “Chapter I- Preliminary- SARFAESI Act, 2002”

Chapter I- Preliminary- SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER-I PRELIMINARY Section 1: Short title, extent and commencement: 1. (1) This Act may be called the Securitisation and Reconstruction of Financial Assets and…

0 comments on “Chapter II- Regulation of Securitisation and Reconstruction of Financial Assets of Banks and Financial Institutions- SARFAESI Act, 2002”

Chapter II- Regulation of Securitisation and Reconstruction of Financial Assets of Banks and Financial Institutions- SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER-II REGULATION OF SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS OF BANKS AND FINANCIAL INSTITUTIONS Section 3: Registration of securitisation companies or reconstruction companies: "3.…

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Chapter III- Enforcement of Security Interest-SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER III ENFORCEMENT OF SECURITY INTEREST Section 13: Enforcement of security interest: "13. (1) Notwithstanding anything contained in section 69 or section 69A of…

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Chapter IV- Central Registry-SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER IV CENTRAL REGISTRY Section 20: Central Registry: "20. (1) The Central Government may, by notification, set-up or cause to be set-up from such…

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Chapter V- Offences and Penalties-SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER V OFFENCES AND PENALTIES Section 27: Penalties: "27. If a default is made— (a) in filing under section 23, the particulars of every…

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Chapter VI- Miscellaneous-SARFAESI Act, 2002

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI Act, 2002) CHAPTER VI MISCELLANEOUS Section 31: Provisions of this Act not to apply in certain cases: "31. The provisions of this Act shall not apply…