Chapter II — Regulation Of Securitisation And Reconstruction Of Financial Assets Of Banks And Financial Institutions

Section 5A — Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · Preview

[5A.Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases. -- (1) If any financial asset, of a borrower acquired by a [asset reconstruction company], comprise of…