Access a comprehensive collection of Indian acts and their subordinates, designed for legal professionals, researchers, and students. Section Details

54/2002 - The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 ▶

Act Number: 54

Act Name: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Year: 2002

Enactment Date: 2002-12-17

Long Title: An Act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and to provide for a Central database of security interests created on property rights, and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 39: Certain provisions of this Act to apply after Central Registry is set up or cause to be set up.

The provisions of sub-sections (2), (3) and (4) of section 20 and sections 21, 22, 23, 24, 25, 26 and 27 shall apply after the Central Registry is set up or cause to be set up under sub-section (1) of section 20.

Previous Section Next Section