SARFAESI Act definition

SARFAESI Act means the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, as amended or replaced from time to time.
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SARFAESI Act means the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Xxxxxxxx Xxx, 0000 and the rules framed thereunder.
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SARFAESI Act means the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
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Examples of SARFAESI Act in a sentence

  • That BSIDCL upon further inquiry found that an order dated February 20, 2017 under section 14 of the SARFAESI Act, 2002 was passed by the Learned District Magistrate, Koderma wherein the State Bank of India, as a secured creditor was directed to take over the physical possession of the Koderma property of the applicant at Hirodih, District- Koderma, Jharkhand.

  • That the applicant has preferred a Writ Petition No. 2223 of 2019 before the Hon’ble High Court at Ranchi challenging the orders of the Ld. Magistrate under the SARFAESI Act, 2002 on or about 20.02.2017.

  • Sir / Madam, Sub::Sale of Secured Asset by M/s Cholamandalam Investment and Finance Company Limited under SARFAESI Act, 2002.Ref::Loan Account No.HE01HOR00000012315 - JAYAPAL SATISHKUMAR JAYAPAL and others.

  • The learned Counsel for the Applicant may be right in his submission that by virtue of Demand Notice dated 08.08.2023 issued U/s 13(2) of the SARFAESI Act, 2002, the Applicant was also asked to make the payment of dues.

  • However, the Applicant has filed copy of the Demand Notice dated 08.08.2023 issued by the Respondent/State Bank of India U/s 13(2) of the SARFAESI Act, 2002 and Possession Notice dated 06.12.2023 issued U/s 13(4) of SARFAESI Act, 2002 read with Rule 8(1) of the Security Interest (Enforcement) Rules, 2002 which are annexed as Annexure-D to G with the application.


More Definitions of SARFAESI Act

SARFAESI Act means Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act
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SARFAESI Act means the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and the rules and regulations thereunder; “Secured Property” shall mean the assets and/or properties (whether tangible, intangible, movable or immovable)enumerated in serial number 31 of the Schedule 1over which Security Interest has been created under or as evidenced by the Security Documents in favor of or on behalf of and/or for the benefit of
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