N-SARAFAESI_RDB

Department of Financial Services specifies housing financial companies registered under section 29A(5) of the National Housing Bank Act, 1987, having assets worth Rs. 100 crore and above, as financial institutions for the purposes of the SARFAESI Act, 2002 – S.O. 2405(E) dated 17.06.2021 – SARFAESI Act 2002

In exercise of the powers conferred by sub-clause (iv) of clause (m) of sub-section (1) of section 2 of SARFAESI Act, 2002, Department of Financial Services specifies such housing financial companies registered under section 29A(5) of the National Housing Bank Act, 1987, having assets worth Rs. 100 crore and above, as financial institutions for the purposes of the SARFAESI Act, 2002.

Department of Financial Services specifies housing financial companies registered under section 29A(5) of the National Housing Bank Act, 1987, having assets worth Rs. 100 crore and above, as financial institutions for the purposes of the SARFAESI Act, 2002 – S.O. 2405(E) dated 17.06.2021 – SARFAESI Act 2002 Read Post »

Specifies NBFCs as defined in clause (f) of section 45-I of the RBI Act, 1934, having assets worth rupees 100 crore & above, which shall be entitled for enforcement of security interest in secured debts of rupees 50 lakh and above, as financial institutions – S.O. 856(E) dated 24-02-2020 – SARFAESI Act 2002

MINISTRY OF FINANCE(Department of Financial Services)NOTIFICATIONNew Delhi, the 24th February, 2020 S.O. 856(E).—In exercise of the powers conferred by sub-clause

Specifies NBFCs as defined in clause (f) of section 45-I of the RBI Act, 1934, having assets worth rupees 100 crore & above, which shall be entitled for enforcement of security interest in secured debts of rupees 50 lakh and above, as financial institutions – S.O. 856(E) dated 24-02-2020 – SARFAESI Act 2002 Read Post »

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