Act Number: 30

Act Name: The Bilateral Netting of Qualified Financial Contracts Act, 2020

Year: 2020

Enactment Date: 2020-09-28

Long Title: An Act to ensure financial stability and promote competitiveness in Indian financial markets by providing enforceability of bilateral netting of qualified financial contracts and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 10: Provisions of this Act to override other laws.
    The provisions of this Act shall have effect, notwithstanding anything inconsistent therewith contained in any other law for the time being in force or any instrument having effect by virtue of any such law.
Previous Section Next Section
Scroll to Top