Notification No. – S.O. 652(E) dated 12.02.2021 – SARFAESI Act 2002

MINISTRY OF FINANCE(Department of Financial Services)NOTIFICATIONNew Delhi, the 12th February, 2021 S.O. 652(E).—In exercise of the powers conferred […]

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MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 12th February, 2021

S.O. 652(E).—In exercise of the powers conferred by sub-clause (iv) of clause (m) of subsection (1) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), the Central Government hereby makes the following amendment in the notification of the Government of India, Ministry of Finance (Department of Financial Services), number S.O. 856 (E), dated the 24th February, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 25th February, 2020, namely:—

In the said notification, for the words, “rupees fifty lakh and above” the words “rupees twenty lakh and above” shall be substituted.

[F. No. 31/52/2018-DRT]
VANDITA KAUL, Jt. Secy.

Note : The Principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 856 (E) dated the 24th February, 2020.



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