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.infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox"><tbody><tr><th colspan="2" class="infobox-header" style="background-color: #ededed"><a href="/wiki/Parliament_of_India" title="Parliament of India">Parliament of India</a></th></tr><tr><td colspan="2" class="infobox-full-data"><div class="collapsible-list mw-collapsible" style="text-align: left;"> <div style="line-height: 1.6em; font-weight: bold; font-weight:normal;background:transparent;text-align:center;"><div style="margin: 0 4em"><b><a href="/wiki/Long_title" class="mw-redirect" title="Long title">Long title</a></b></div></div> <ul class="mw-collapsible-content" style="margin-top: 0; margin-bottom: 0; line-height: inherit; list-style: none; margin-left: 0;"><li style="line-height: inherit; margin: 0"> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;">An Act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and for matters connected therewith or incidental thereto </div> </li></ul> </div></td></tr><tr><th scope="row" class="infobox-label">Citation</th><td class="infobox-data">Act no. 54 of 2002</td></tr><tr><th scope="row" class="infobox-label">Territorial extent</th><td class="infobox-data">Whole of India</td></tr><tr><th scope="row" class="infobox-label">Enacted by</th><td class="infobox-data"><a href="/wiki/Parliament_of_India" title="Parliament of India">Parliament of India</a></td></tr><tr><th scope="row" class="infobox-label">Enacted</th><td class="infobox-data">17 December 2002</td></tr><tr><th scope="row" class="infobox-label">Signed by</th><td class="infobox-data"><a href="/wiki/President_of_India" title="President of India">President of India</a></td></tr><tr><th scope="row" class="infobox-label">Commenced</th><td class="infobox-data">21 June 2002</td></tr><tr><th scope="row" class="infobox-label">Committee report</th><td class="infobox-data">Narasimham Committee I and II and Andhyarujina Committee</td></tr><tr><td colspan="2" class="infobox-below" style="background-color:#AAF0D1;"><b>Status:</b> In force</td></tr></tbody></table> <p>The <b>Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002</b> (also known as the <b>SARFAESI Act</b>) is an Indian law. It allows banks and other financial institutions to auction residential or commercial properties of defaulters to recover <a href="/wiki/Loan" title="Loan">loans</a>.<sup id="cite_ref-Sarfaesi_1-0" class="reference"><a href="#cite_note-Sarfaesi-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> The first asset reconstruction company (ARC) of India, ARCIL, was set up under this act.<sup id="cite_ref-Pathak2007_2-0" class="reference"><a href="#cite_note-Pathak2007-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> By virtue of the SARFAESI Act 2002, the Reserve Bank of India has the authority to register and regulate Asset Reconstruction Companies (ARCs). </p><p>Under this act <a href="/wiki/Secured_creditors" class="mw-redirect" title="Secured creditors">secured creditors</a> (banks or financial institutions) have many rights for enforcement of <a href="/wiki/Security_interest" title="Security interest">security interest</a> under section 13 of SARFAESI Act, 2002. If borrower of financial assistance defaults on repayment of a loan and their account is classified as <a href="/wiki/Non-performing_asset" class="mw-redirect" title="Non-performing asset">Non performing Asset</a> by secured creditor, then secured creditor may repossess the security asset before expiry of <a href="/w/index.php?title=Period_of_limitation&action=edit&redlink=1" class="new" title="Period of limitation (page does not exist)">period of limitation</a> by written notice. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Summary">Summary</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=1" title="Edit section: Summary"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The law does not apply to <a href="/wiki/Unsecured_loan" class="mw-redirect" title="Unsecured loan">unsecured loans</a>, loans below <a href="/wiki/Indian_rupee" title="Indian rupee">₹</a>100,000 or where remaining debt is below 20% of the original <a href="/wiki/Principal_(finance)" class="mw-redirect" title="Principal (finance)">principal</a>. This law allowed the creation of <a href="/w/index.php?title=Asset_reconstruction_company&action=edit&redlink=1" class="new" title="Asset reconstruction company (page does not exist)">asset reconstruction companies</a> (ARC) and allowed banks to sell their <a href="/wiki/Non-performing_asset" class="mw-redirect" title="Non-performing asset">non-performing assets</a> to ARC's. Banks are allowed to take possession of the collateral property and sell it without the permission of a court.<sup id="cite_ref-Pathak2007_2-1" class="reference"><a href="#cite_note-Pathak2007-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Application_of_SARFAESI_Act_2002">Application of SARFAESI Act 2002</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=2" title="Edit section: Application of SARFAESI Act 2002"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The SARFAESI act applies to the whole of India for the securitisation, reconstruction of financial assets and enforcement of the security interest. </p><p>The act applies to all the financial institutions established as securitisation companies or asset reconstruction companies registered by the reserve bank of India. </p> <div class="mw-heading mw-heading2"><h2 id="Amendments">Amendments</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=3" title="Edit section: Amendments"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The act was amended by "Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016", passed by <a href="/wiki/Lok_Sabha" title="Lok Sabha">Lok Sabha</a> on 2 August 2016.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> Act passed by Rajya Sabha by voice vote on 10 August 2016. </p> <div class="mw-heading mw-heading2"><h2 id="Notable_verdict">Notable verdict</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=4" title="Edit section: Notable verdict"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Mardia_Chemicals_Ltd._v._ICICI_Bank">Mardia Chemicals Ltd. v. ICICI Bank</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=5" title="Edit section: Mardia Chemicals Ltd. v. ICICI Bank"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In <i>Mardia Chemicals Ltd. v. ICICI Bank</i>, on 8 April 2004, the <a href="/wiki/Supreme_Court_of_India" title="Supreme Court of India">Supreme Court of India</a> declared the Sarfaesi Act to be constitutionally valid. The Court said that a borrower may appeal against the lender in the debt recovery tribunal, without having to deposit 75% of the amount of the debt. If the tribunal does not stay the order, the lender may sell the assets.<sup id="cite_ref-SCMardia_4-0" class="reference"><a href="#cite_note-SCMardia-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p><p>After this law passed, on 27 November 2002, <a href="/wiki/ICICI_Bank" title="ICICI Bank">ICICI Bank</a> took possession of Mardia Chemical plant in Vatva, <a href="/wiki/Ahmedabad_district" title="Ahmedabad district">Ahmedabad district</a>, <a href="/wiki/Gujarat" title="Gujarat">Gujarat</a>.<sup id="cite_ref-NPAAct_5-0" class="reference"><a href="#cite_note-NPAAct-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> ICICI Bank was owed <a href="/wiki/Indian_rupee" title="Indian rupee">₹</a>300 <a href="/wiki/Crore" title="Crore">crore</a>, in all it owed <a href="/wiki/Indian_rupee" title="Indian rupee">₹</a>1,450 crore to 20 lenders.<sup id="cite_ref-SCMardia_4-1" class="reference"><a href="#cite_note-SCMardia-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-NPAAct_5-1" class="reference"><a href="#cite_note-NPAAct-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=6" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Central_Registry_of_Securitisation_Asset_Reconstruction_and_Security_Interest" title="Central Registry of Securitisation Asset Reconstruction and Security Interest">Central Registry of Securitisation Asset Reconstruction and Security Interest</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=7" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-Sarfaesi-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-Sarfaesi_1-0">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.business-standard.com/article/pf/what-is-the-sarfaesi-act-111061600108_1.html">"What is the Sarfaesi Act?"</a>. <i><a href="/wiki/Business_Standard" title="Business Standard">Business Standard</a></i>. 16 March 2015<span class="reference-accessdate">. Retrieved <span class="nowrap">10 March</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Business+Standard&rft.atitle=What+is+the+Sarfaesi+Act%3F&rft.date=2015-03-16&rft_id=http%3A%2F%2Fwww.business-standard.com%2Farticle%2Fpf%2Fwhat-is-the-sarfaesi-act-111061600108_1.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></span> </li> <li id="cite_note-Pathak2007-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-Pathak2007_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Pathak2007_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFPathak2007" class="citation book cs1">Pathak (1 September 2007). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=2eZ1nuzYCwwC&pg=PA589"><i>The Indian Financial System: Markets, Institutions And Services, 2/E</i></a>. Pearson Education India. p. 589. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-81-7758-562-9" title="Special:BookSources/978-81-7758-562-9"><bdi>978-81-7758-562-9</bdi></a><span class="reference-accessdate">. Retrieved <span class="nowrap">10 March</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=The+Indian+Financial+System%3A+Markets%2C+Institutions+And+Services%2C+2%2FE&rft.pages=589&rft.pub=Pearson+Education+India&rft.date=2007-09-01&rft.isbn=978-81-7758-562-9&rft.au=Pathak&rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3D2eZ1nuzYCwwC%26pg%3DPA589&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation cs2"><a rel="nofollow" class="external text" href="https://economictimes.indiatimes.com/news/economy/lok-sabha-passes-bill-to-fast-track-debt-recovery/articleshow/53495364.cms">"Lok Sabha passes bill to fast track debt recovery"</a>, <i><a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a></i>, 2 August 2016</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Economic+Times&rft.atitle=Lok+Sabha+passes+bill+to+fast+track+debt+recovery&rft.date=2016-08-02&rft_id=https%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Feconomy%2Flok-sabha-passes-bill-to-fast-track-debt-recovery%2Farticleshow%2F53495364.cms&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></span> </li> <li id="cite_note-SCMardia-4"><span class="mw-cite-backlink">^ <a href="#cite_ref-SCMardia_4-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-SCMardia_4-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20150402194421/http://articles.economictimes.indiatimes.com/2004-04-08/news/27373587_1_mardia-chemicals-rasik-mardia-icici-bank">"Banks can sell secured assets of defaulters: SC"</a>. <i><a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a></i>. 8 April 2004. Archived from <a rel="nofollow" class="external text" href="http://articles.economictimes.indiatimes.com/2004-04-08/news/27373587_1_mardia-chemicals-rasik-mardia-icici-bank">the original</a> on 2 April 2015<span class="reference-accessdate">. Retrieved <span class="nowrap">10 March</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Economic+Times&rft.atitle=Banks+can+sell+secured+assets+of+defaulters%3A+SC&rft.date=2004-04-08&rft_id=http%3A%2F%2Farticles.economictimes.indiatimes.com%2F2004-04-08%2Fnews%2F27373587_1_mardia-chemicals-rasik-mardia-icici-bank&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></span> </li> <li id="cite_note-NPAAct-5"><span class="mw-cite-backlink">^ <a href="#cite_ref-NPAAct_5-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-NPAAct_5-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://archive.financialexpress.com/news/icici...mardia-chemicals.../65938">"ICICI Bank Takes Over Mardia Chemicals Unit Under NPA Act"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">10 March</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=ICICI+Bank+Takes+Over+Mardia+Chemicals+Unit+Under+NPA+Act&rft_id=http%3A%2F%2Farchive.financialexpress.com%2Fnews%2Ficici...mardia-chemicals...%2F65938&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&action=edit&section=8" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=631">"Guidelines on declaration of Net Asset Value of Security Receipts issued by Securitisation Company/ Reconstruction Company"</a>. <a href="/wiki/Reserve_Bank_of_India" title="Reserve Bank of India">Reserve Bank of India</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Guidelines+on+declaration+of+Net+Asset+Value+of+Security+Receipts+issued+by+Securitisation+Company%2F+Reconstruction+Company&rft.pub=Reserve+Bank+of+India&rft_id=http%3A%2F%2Fwww.rbi.org.in%2FScripts%2Fbs_viewcontent.aspx%3FId%3D631&rfr_id=info%3Asid%2Fen.wikipedia.org%3ASecuritisation+and+Reconstruction+of+Financial+Assets+and+Enforcement+of+Security+Interest+Act%2C+2002" class="Z3988"></span></li></ul>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1&useformat=desktop" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&oldid=1252574836">https://en.wikipedia.org/w/index.php?title=Securitisation_and_Reconstruction_of_Financial_Assets_and_Enforcement_of_Security_Interest_Act,_2002&oldid=1252574836</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Banking_in_India" title="Category:Banking in India">Banking in India</a></li><li><a href="/wiki/Category:Acts_of_the_Parliament_of_India_2002" title="Category:Acts of the Parliament of India 2002">Acts of the Parliament of India 2002</a></li><li><a href="/wiki/Category:Financial_history_of_India" title="Category:Financial history of India">Financial history of India</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_matches_Wikidata" title="Category:Short description matches Wikidata">Short description matches Wikidata</a></li><li><a href="/wiki/Category:Use_dmy_dates_from_August_2016" title="Category:Use dmy dates from August 2016">Use dmy dates from August 2016</a></li><li><a href="/wiki/Category:Use_Indian_English_from_August_2016" title="Category:Use Indian English from August 2016">Use Indian English from August 2016</a></li><li><a href="/wiki/Category:All_Wikipedia_articles_written_in_Indian_English" title="Category:All Wikipedia articles written in Indian English">All Wikipedia articles written in Indian English</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 21 October 2024, at 23:41<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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