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SARFAESI Act
SARFAESI ACT NEWS
Banks seek Gujarat govt's help to attach properties worth Rs 800 crore
June 08, 2023 7:52 am
Highest number of applications from Surat and Vadodara districts.
Explained: What is the Sarfaesi Act, invoked against telecom provider GTL?
July 11, 2022 8:08 pm
The Sarfaesi Act of 2002 was brought in to guard financial institutions against loan defaulters. To recover their bad debts, the banks under this law can take control of securities pledged against the loan, manage or sell them to recover dues without court intervention
Centre to simplify Coffee Act to promote ease of doing biz
September 19, 2021 1:14 am
The issue was discussed, among other things, in an interaction of Commerce Minister Piyush Goyal with coffee growers, roasters, exporters and other stakeholders at Coffee Board Head Office, Bengaluru.
Need synergy among PSBs to act against defaulters: FinMin
November 08, 2014 1:40 am
Failure of the banks to take action defeats purpose of Sarfaesi Act.
Setback for Vijay Mallya as court accepts Kingfisher Airlines winding-up petition
December 07, 2013 4:40 am
A UK-based firm,in its petition has said Mallya's airline owes it a sum of Rs 37 crore,or $6 million.
Govt panel moots more powers,sops to asset reconstruction cos
March 09, 2012 2:33 am
It said there would be cases where the agreement for right to conversion of debt into equity has not been executed.
Bad loans law OK'd; rates may fall
October 13, 2011 7:51 pm
Govt has cleared changes in laws to deal with recovery of bad loans.
Auctioned properties are a good bargain
June 25, 2011 12:11 am
If you are thinking about buying a house or possibly even a second home,you would quite naturally think about how to get a good deal.
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