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The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, commonly known as the Securitisation Act 2002, enables banks and financial institutions in India to recover dues efficiently. This act allows for the securitization of financial assets, enhancing liquidity and financial stability. If you need insights into its implications for borrowers and lenders, reach out to MAR ASSOCIATES today for expert guidance on navigating the Securitisation Act!
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Understand the SARFAESI Act with MAR ASSOCIATES Today The SARFAESI Act empowers banks and financial institutions to recover non-performing assets (NPAs) without court intervention. While this may sound daunting, it includes safeguards for borrowers. For instance, under Section 13(2), lenders must notify borrowers of overdue payments, allowing 60 days to respond. If payments aren’t made, Section 13(4) permits banks to take possession of secured assets. Stay informed about your rights and options—contact MAR ASSOCIATES for expert guidance on the SARFAESI Act!
About Our Business: The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, commonly known as the SARFAESI Act, empowers banks and financial institutions in India to recover loans through property auctions. This law facilitates the swift recovery of dues while ensuring a structured process. If you’re a borrower or lender seeking clarity on your rights and obligations, contact MAR ASSOCIATES today for expert advice on navigating the SARFAESI Act! The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, commonly known as the Securitisation Act 2002, enables banks and financial institutions in India to recover dues efficiently. This act allows for the securitization of financial assets, enhancing liquidity and financial stability. If you need insights into its implications for borrowers and lenders, reach out to MAR ASSOCIATES today for expert guidance on navigating the Securitisation Act!
For More Details: Brand Name :- MAR ASSOCIATESCountry:- IndiaEmail Id:- Info@marassociates.inAddress:-BangaloreVisit us:-https://marassociates.in/