Section 27
Application of other laws not barred.
The Factoring Regulation Act, 2011
About this Act
An Act to provide for and regulate assignment of receivables by making provision for registration there for and rights and obligations of parties to contract for assignment of receivables and for matters connected therewith or incidental thereto.
The provisions of this Act or the rules made thereunder
shall be in addition to and not in derogation of the Negotiable Instruments Act, 1881 (26 of 1881), the
Transfer of Property Act, 1882 (4 of 1882), the Reserve Bank of India Act, 1934 (2 of 1934), the Banking
Regulation Act, 1949 (10 of 1949), the Companies Act, 1956 (1 of 1956), the Securitisation and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), the
Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) or any other law for the time
being in force.