OVERVIEW OF THE SARFAESI ACT: UNDERSTANDING THE SCOPE AND PURPOSE
OVERVIEW OF THE SARFAESI ACT: UNDERSTANDING THE SCOPE AND PURPOSE The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a powerful legislation in India that allows banks and financial institutions to recover their dues from defaulting borrowers without going through the lengthy court process. This act was […]
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