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Sarfaesi

Feb 20, 2017 at 13:23 | Source: Moneycontrol.com
The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company, on stock exchanges. The regulator is seeking the inputs of the Reserve Bank of India in framing the regulations.
Nov 05, 2016 at 15:40 | Source: PTI
Making a strong case for expeditiousadjudication of debt recovery cases, Finance Minister ArunJaitley today said the doctrine of natural justice of givingopportunity to defaulters to defend themselves need not becarried to an "unnatural extent".
Sep 18, 2016 at 14:32 | Source: PTI
Domestic rating agency Icra has saidthe decision to extend provisions of the Sarfaesi Act to loansgiven by non-banking finance companies will help bring downdelinquencies and may result in cheaper funds for borrowers.
Aug 09, 2016 at 20:10 | Source: PTI
The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, will not, however, apply to loans for agricultural land as well as student loans.
Aug 01, 2016 at 19:48 | Source: PTI
Finance Minister Arun Jaitley ruled out any waiver in the event of education loan defaults, saying "some compassion" has to be shown if someone is unemployed and till he gets a job, but the loan cannot be written off.
Jul 31, 2016 at 15:39 | Source: PTI
Introduced in the Lok Sabha in May, the bill seeks to amend four legislations -- Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002, the Recovery of Debts due to Banks and Financial Institutions Act, 1993, the Indian Stamp Act, 1899 and the Depositories Act, 1996.
May 13, 2016 at 20:08 | Source: PTI
Lenders to the grounded Kingfisher Airlines on May 13 started the process to take physical possession of Kingfisher Villa, which was pledged by beleagueredbusinessman Vijay Mallya to the bankers as collateral for over Rs 7,800-crore loan
May 09, 2016 at 19:49 | Source: CNBC-TV18
Is the Insolvency and Bankruptcy Bill the nirvana which banks in India have been waiting for? Not in the next two years is the short answer, and may be not even be in the long-term unless there is an unprecedented zeal to implement it, says CNBC-TV18's Latha Venkatesh.
May 06, 2016 at 09:01 | Source: CNBC-TV18
On paper, the Bankruptcy Code is an earth-shattering law. Let's hope it will be implemented that way.
Apr 26, 2016 at 14:01 | Source: CNBC-TV18
Government amendments in these two acts will improve the recovery climate in the country, says HR Khan, Deputy Governor of The Reserve Bank of India.
Messages on Sarfaesi »

BSE/NSE Announcer

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XL Energy  

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to authorisation of Asset Reconstruction Company by the Banks to sell the assets of the Company under their charge under SARFAESI Act, 2002 by way of inviting bids from those

4.02 PM Mar 23rd

smallman

Platinum Member

657 Followers

Metalyst Forgin  

or an asset reconstruction company (ARC) under the SARFAESI Act to be permitted in SEBI registered stock exchanges. This will enhance capital flows into the securitization industry and will particularly be helpful to deal with bank NPAs, the announcement said. At present, banks sell their bad loans

9.00 PM Feb 1st

cm111

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0 Follower

UB Holdings  

why silence it`s because change in sarfaesi act

2.07 PM Feb 1st

parky

Silver Member

13 Followers

Rainbow Papers  

Company is almost shut down after IFCI seized its plant and other assets worth Rs 111/- cr for non payment of loans under Sarfaesi Act in July `16.

12.48 PM Jan 30th

ramc23

Platinum Member

787 Followers

Force Motors  

Works in banks:πŸ‘πŸ‘ŒπŸ™πŸ˜³ 1. Lok Adalats 2. ATM management 3. Clearing 4. Pension disbursement 5. Death claims 6. Complaints 7. Filing recovery suits 8. Filing EPs 9. RTI applications 10. Fresh NPA investigation 11. QMC investigation 12. CERSAI registration 13. SARFAESI action 14. Taking Possession

11.36 AM Jan 13th

BSE/NSE Announcer

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ESS DEE  

Ess Dee Aluminium Limited has informed the Exchange that the Company has obtained a Notice under Section 13(2) of Securitization and Asset Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(SARFAESI), from the lead Bank i.e. State Bank of India (SBI) dated July 20

4.38 PM Jan 10th

BSE/NSE Announcer

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ESS DEE  

Ess Dee Aluminium Ltd has informed BSE that the Company has obtained a Notice under Section 13(2) of Securitization and Asset Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), from the Lead Bank i.e. State Bank of India (SBI) dated July 20, 2016, asking

4.35 PM Jan 10th

Bhajji

New Member

1 Followers

Dr Datson Labs  

of SARFAESI Act. As per Statement of Affairs under section 454 of the Companies Act 1956 filed by the ex-directors of the company (in liqn.) with the Official Liquidator, the outstanding amount payable to the secured creditors is shown Rs.261,76,25,396/- and amount payable to unsecured creditors is shown Rs

10.16 PM Dec 8th 2016

BSE/NSE Announcer

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Vimal Oils  

Vimal Oil & Foods Limited has informed the Exchange that that the Bank of India, being the lead banker of the lenders consortium, has served Symbolic Possession Notice under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002

12.21 PM Nov 16th 2016

BSE/NSE Announcer

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Vimal Oils  

Vimal Oil & Foods Ltd has informed BSE that the Bank of India, being the lead banker of the lenders consortium, has served Symbolic Possession Notice under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 to the Company on November

12.20 PM Nov 16th 2016

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