Chapter II
REGULATION OF SECURITISATION AND RECONSTRUCTION OF FINANCIALASSETS OF BANKS AND FINANCIALINSTITUTIONS
Sections in this chapter
- Section 3 — Registration of asset reconstruction companies.
- Section 4 — Cancellation of certificate of registration.
- Section 5 — Acquisition of rights or interest in financial assets.
- Section 5A — Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases.
- Section 6 — Notice to obligor and discharge of obligation of such obligor.
- Section 7 — Issue of security by raising of receipts or funds by asset reconstruction company.
- Section 8 — Exemption from registration of security receipt.
- Section 9 — Measures for assets reconstruction.
- Section 10 — Other functions of asset reconstruction company.
- Section 11 — Resolution of disputes.
- Section 12 — Power of Reserve Bank to determine policy and issue directions.
- Section 12A — Power of Reserve Bank to call for statements and information.
- Section 12B — Power of Reserve Bank to carry out audit and inspection.