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Understanding Debt Recovery in India: Key Laws, Processes and Enforcement Tools
Introduction to Debt Recovery Mechanisms in India The Indian banking sector faced unprecedented challenges in the 1990s when non-performing assets escalated dramatically, threateni
SARFAESI Act 2002: Legal Framework for Enforcement of Security Interest
Introduction The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) stands as a landmark legislation in India’
