Acts

SARFAESI Act 2002 PDF


➡️ Join Whatsapp Group

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 is an important law in India designed to enable banks and financial institutions to recover loans from borrowers who have defaulted on repayments. The act allows the lenders to take possession of secured assets without the intervention of courts, which helps in quicker resolution of non-performing assets (NPAs).

Leave a Reply

Your email address will not be published. Required fields are marked *