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Sunday, 26 December 2021

SARFAESI ACT

 SARFAESI ACT 2002

  • Full form of SARFAESI is  Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act 
  • SARFAESI ACT came into force on 21 June 2002 
  • SARFAESI ACT related to loan recovery 
  • SARFAESI ACT not applicable to loan  below rupees one lakh 
  • SARFAESI Act does not apply to loan debt below 20% of the loan given


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Location: India

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