IMPLICATIONS OF THE SARFAESI ACT ON BORROWERS AND GUARANTORS
IMPLICATIONS OF THE SARFAESI ACT ON BORROWERS AND GUARANTORS The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, commonly known as the SARFAESI Act, was introduced by the Indian government as a tool to address the problem of non-performing assets (NPAs) in the banking sector. The act provides the legal […]
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