Sarfaesi Act – NBFCs Specified as Financial Institutions

Sarfaesi Act - NBFCs Specified as Financial Institutions The Central Government has released a notification dated 24th February¬†2020, specifying certain Nonbanking financial companies (NBFCs) as Financial Institutions under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest…

Fugitive Economic Offenders Act

Fugitive Economic Offenders Act Fugitive Economic Offenders Act has been enacted by the Parliament of India to preserve the sanctity of the law in India. Fugitive Economic Offenders Act intends to confiscate assets and properties of economic offenders that evade…

SARFAESI Act – Merged

SARFAESI Act The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest (SARFAESI) Act, 2002, is an Indian regulation which was enforced in the year 2004. SARFAESI was created to allow banks and financial institutions to auction properties…

SARFAESI Act India

SARFAESI Act India The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act India) empowers Banks and Financial Institutions to recover their non-performing asset (NPA) loan dues without the intervention of the Court. The…