The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002)

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002)

Section 1 SARFAESI Act, 2002 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Short title, extent and commencement.
Section 2 SARFAESI Act, 2003 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Definitions.
Section 3 SARFAESI Act, 2004 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Registration of securitisation companies or reconstruction companies.
Section 4 SARFAESI Act, 2005 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Cancellation of certificate of registration.
Section 5 SARFAESI Act, 2006 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Acquisition of rights or interest in financial assets.
Section 5A SARFAESI Act, 2007 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases.
Section 6 SARFAESI Act, 2008 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Notice to obligor and discharge of obligation of such obligor.
Section 7 SARFAESI Act, 2009 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Issue of security by raising of receipts or funds by securitisation company or reconstruction company.
Section 8 SARFAESI Act, 2010 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Exemption from registration of security receipt.
Section 9 SARFAESI Act, 2011 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Measures for assets reconstruction.
Section 10 SARFAESI Act, 2012 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Other functions of securitisation company or reconstruction company.
Section 11 SARFAESI Act, 2013 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Resolution of disputes.
Section 12 SARFAESI Act, 2014 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Power of Reserve Bank to determine policy and issue directions.
Section 12A SARFAESI Act, 2015 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Power of Reserve Bank to call for statements and information.
Section 13 SARFAESI Act, 2016 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Enforcement of security interest.
Section 14 SARFAESI Act, 2017 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking possession of secured asset.
Section 15 SARFAESI Act, 2018 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Manner and effect of takeover of management.
Section 16 SARFAESI Act, 2019 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): No compensation to directors for loss of office.
Section 17 SARFAESI Act, 2020 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Right to appeal.
Section 17A SARFAESI Act, 2021 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Making of application to Court of District Judge in certain cases.
Section 18 SARFAESI Act, 2022 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Appeal to Appellate Tribunal.
Section 18A SARFAESI Act, 2023 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Validation of fees levied.
Section 18B SARFAESI Act, 2024 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Appeal to High Court in certain cases.
Section 19 SARFAESI Act, 2025 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Right of borrower to receive compensation and costs in certain cases.
Section 20 SARFAESI Act, 2026 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Central Registry.
Section 21 SARFAESI Act, 2027 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Central Registrar.
Section 22 SARFAESI Act, 2028 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Register of securitisation, reconstruction and security interest, transactions.
Section 23 SARFAESI Act, 2029 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Filing of transactions of securitisation, reconstruction and creation of security interest.
Section 24 SARFAESI Act, 2030 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Modification of security interest registered under this Act.
Section 25 SARFAESI Act, 2031 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Securitisation company or reconstruction company or secured creditor to report satisfaction of security interest.
Section 26 SARFAESI Act, 2032 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Right to inspect particulars of securitisation, reconstruction and security interest transactions.
Section 27 SARFAESI Act, 2033 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Penalties.
Section 28 SARFAESI Act, 2034 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Penalties for non-compliance of direction of Reserve Bank.
Section 29 SARFAESI Act, 2035 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Offences.
Section 30 SARFAESI Act, 2036 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Cognizance of offence.
Section 31 SARFAESI Act, 2037 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Provisions of this Act not to apply in certain cases.
Section 32 SARFAESI Act, 2038 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Protection of action taken in good faith.
Section 33 SARFAESI Act, 2039 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Offences by companies.
Section 34 SARFAESI Act, 2040 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Civil court not to have jurisdiction.
Section 35 SARFAESI Act, 2041 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): The provisions of this Act to override other laws.
Section 36 SARFAESI Act, 2042 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Limitation.
Section 37 SARFAESI Act, 2043 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Application of other laws not barred.
Section 38 SARFAESI Act, 2044 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Power of Central Government to make rules.
Section 39 SARFAESI Act, 2045 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Certain provisions of this Act to apply after Central Registry is set-up or cause to be set-up.
Section 40 SARFAESI Act, 2046 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Power to remove difficulties.
Section 41 SARFAESI Act, 2047 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Amendments of certain enactments.
Section 42 SARFAESI Act, 2048 (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002): Repeal and saving.
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