| 1 | Short title, extent and commencement. |
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| 2 | Definitions. |
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| 3 | Registration of asset reconstruction companies. |
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| 4 | Cancellation of certificate of registration. |
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| 5 | Acquisition of rights or interest in financial assets. |
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| 5A | Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases. |
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| 6 | Notice to obligor and discharge of obligation of such obligor. |
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| 7 | Issue of security by raising of receipts or funds by asset reconstruction company. |
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| 8 | Exemption from registration of security receipt. |
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| 9 | Measures for assets reconstruction. |
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| 10 | Other functions of asset reconstruction company. |
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| 11 | Resolution of disputes. |
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| 12 | Power of Reserve Bank to determine policy and issue directions. |
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| 12A | Power of Reserve Bank to call for statements and information. |
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| 12B | Power of Reserve Bank to carry out audit and inspection. |
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| 13 | Enforcement of security interest. |
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| 14 | Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking possession of secured asset. |
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| 15 | Manner and effect of take over of management. |
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| 16 | No compensation to directors for loss of office. |
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| 17 | Application against measures to recover secured debts. |
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| 17A | Making of application to Court of District Judge in certain cases. |
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| 18 | Appeal to Appellate Tribunal. |
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| 18A | Validation of fees levied. |
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| 18B | Appeal to High Court in certain cases. |
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| 18C | Right to lodge a caveat. |
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| 19 | Right of borrower to receive compensation and costs in certain cases. |
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| 20 | Central Registry. |
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| 20A | Integration of registration systems with Central Registry. |
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| 20B | Delegation of powers. |
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| 21 | Central Registrar. |
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| 22 | Register of securitisation, reconstruction and security interest transactions. |
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| 23 | Filing of transactions of securitisation, reconstruction and creation of security interest. |
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| 24 | Modification of security interest registered under this Act. |
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| 25 | Asset reconstruction companyor secured creditors to report satisfaction of security interest. |
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| 26 | Right to inspect particulars of securitisation, reconstruction and security interest transactions. |
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| 26A | Rectification by Central Government in matters of registration, modification and satisfaction, etc. |
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| 26B | Registration by secured creditors and other creditors. |
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| 26C | Effect of the registration of transactions, etc. |
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| 26D | Right of enforcement of securities. |
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| 26E | Priority to secured creditors. |
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| 27 | Penalties. |
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| 28 | [Omitted.]. |
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| 29 | Offences. |
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| 30 | Cognizance of offence. |
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| 30A | Power of adjudicating authority to impose penalty. |
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| 30B | Appeal against penalties. |
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| 30C | Appellate Authority. |
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| 30D | Recovery of penalties. |
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| 31 | Provisions of this Act not to apply in certain cases. |
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| 31A | Power to exempt a class or classes of banks or financial institutions. |
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| 32 | Protection of action taken in good faith. |
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| 33 | Offences by companies. |
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| 34 | Civil court not to have jurisdiction. |
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| 35 | The provisions of this Act to override other laws. |
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| 36 | Limitation. |
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| 37 | Application of other laws not barred. |
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| 38 | Power of Central Government to make rules. |
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| 39 | Certain provisions of this Act to apply after Central Registry is set up or cause to be set up. |
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| 40 | Power to remove difficulties. |
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| 41 | Amendments to certain enactments. |
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| 42 | Repeal and saving. |
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