Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act ,2002 |
Act No : 54 of 2002 |
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Contents of Act: |
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| SECTION( 9. ) Measures for assets reconstruction. |
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| SECTION( 10. ) Other functions of securitisation company or reconstruction company. |
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| SECTION( 11. ) Resolution of disputes. |
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| SECTION( 12. ) Power of Reserve Bank to determine policy and issue directions. |
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| SECTION( CHAP ) ENFORCEMENT OF SECURITY INTEREST |
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| SECTION( 13. ) Enforcement of security interest. |
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| SECTION( 14. ) Chief Metropolitan Magistrate or District Magistrate to assist securedcreditor in taking possession of secured asset. |
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| SECTION( 15. ) Manner and effect of take over of management. |
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| SECTION( 16. ) No compensation to directors for loss of office. |
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| SECTION( 17. ) Right to appeal. |
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