📝 One-liners · 65 cards
SARFAESI
What does SARFAESI stand for?
SARFAESI stands for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, enacted in 2002.
What is the full form of CERSAI?
Central Registry of Securitisation Asset Reconstruction and Security Interest
In which year was the SARFAESI Act enacted?
The SARFAESI Act was enacted in 2002 and came into force on 21 June 2002.
Under SARFAESI, within how many days can a borrower raise objections to the 60-day notice?
15 days from receipt of the demand notice
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