Section 28

Limitation.

The Factoring Regulation Act, 2011

  • Act 12 of 2012
  • Ministry of Finance
  • Department of Financial Services
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.

All sections
    No assignee of any receivable shall be entitled to take any measures for recovery of any assigned receivable, through any court or Tribunal unless his claim in respect of the receivable is made within the period of limitation specified under the Limitation Act, 1963 (36 of 1963).
Scroll to Top