
- 116 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
This book looks at the constitutional and regulatory frameworks of loan and debt recovery laws and legislations. It explores different aspects of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, along with the issues and challenges in enforcing the Act in India.
The book explores the evolution of debt recovery laws in India by analysing various past cases and legislations relating to the recovery of dues by banks and financial institutions. Taking the rights of both banks and borrowers into consideration, it provides a description of the relevant provisions of the SARFAESI Act and its implications. The author analyses relevant case laws and practical experiences to highlight the positives and the issues of the SARFAESI Act that have strengthened the creditor's rights in India. The book also looks at the consolidation of insolvency and bankruptcy laws in India that have contributed to the process of debt recovery while protecting customers.
Lucid and comprehensive, this volume will be an indispensable resource for students and researchers of law, business and company law, monetary economics, macroeconomics, Asian law, and comparative law. It will also be useful for teaching faculty, legal practioners and bankers.
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Information
Table of contents
- Cover
- Half Title
- Title
- Copyright
- Dedication
- Contents
- List of figures
- List of tables
- List of cases
- Foreword
- Preface
- Acknowledgements
- 1 An exploration of the SARFAESI Act – practical insights
- 2 The evolution and development of recovery laws relating to banks and financial institutions
- 3 The constitutional and regulatory frameworks of recovery laws relating to banks and financial institutions
- 4 Legislations relating to the recovery of dues to banks in force in India
- 5 The role of judiciary in interpreting and establishing recovery laws relating to banking institutions
- 6 The issues and challenges in enforcing the SARFAESI Act, 2002
- 7 The Insolvency and Bankruptcy Code, 2016: A big game changer in banking!
- 8 Implications of the SARFAESI Act on various systems
- Bibliography
- Index