CA /CMA Final Revision of The Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act 2002 MAY/JUNE - NOV/DEC2024.

(COORPERATE & ECONOMIC LAW)

Topics covered under this video-

1) Enforcement of security interest (Section-13)
2)Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking possession of secured asset (Section 14)
3) Manner and effect of takeover of management. (Section - 15)
4) No compensation to directors for loss of office (Section -16)
5) Application against measure to recover secure debts (Section-17 )
6) Appeal to appellate tribunal. (Section 18 )
7) Appeal to High Court in certain cases. (Section 18B)

#Enforcement #of #security #interest #Section-13 #Section-14 #ChiefMetropolitan #Magistrate #or #DistrictMagistrate #to #assist #securedcreditor #in #taking #possession #of #securedasset
#Manner #and #effect #of #takeover #of #management #Section-15 #No #compensation #to #directors #for #loss #of #office #Section -16 #Application #against #measure #to #recover #securedebts #Section-17
#Appeal #to #appellatetribunal #Section-18 #Appeal #to #HighCourt #in #certain #cases #(Section 18B)