Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Indian_legislation
|
| gptkbp:administeredBy |
gptkb:Reserve_Bank_of_India
|
| gptkbp:amendedBy |
2004
2016 |
| gptkbp:appliesTo |
banks
financial institutions |
| gptkbp:compatibleWith |
gptkb:farmer
loans below Rs. 1 lakh |
| gptkbp:dateEnacted |
2002
|
| gptkbp:enables |
banks to appoint managers for secured assets
banks to manage secured assets banks to recover dues from defaulting borrowers banks to take possession of secured assets banks to sell secured assets without court intervention |
| gptkbp:enactedBy |
gptkb:Parliament_of_India
|
| gptkbp:excludes |
cooperative banks (until 2019 amendment)
|
| gptkbp:fullName |
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
|
| gptkbp:providesFor |
Asset Reconstruction Companies
Enforcement of Security Interest Securitisation |
| gptkbp:purpose |
enabling banks and financial institutions to auction residential or commercial properties to recover loans
|
| gptkbp:relatedTo |
Asset Reconstruction Companies (ARCs)
Debt Recovery Tribunals Non-Performing Assets |
| gptkbp:section |
Section 2 (Definitions)
Section 13 (Enforcement of Security Interest) Section 17 (Right to Appeal) |
| gptkbp:startDate |
21 June 2002
|
| gptkbp:website |
https://financialservices.gov.in/acts-and-rules/sarfaesi-act-2002
|
| gptkbp:bfsParent |
gptkb:Housing_Finance_Companies
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
SARFAESI Act
|