

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a crucial banking and financial legislation enacted to empower secured creditors to enforce security interests and recover non-performing assets without court intervention. Published by Law & Justice Publishing Co., this Bare Act with comments presents the statutory provisions in a clear, structured, and practice-oriented manner.
This updated edition incorporates amendments made by Act 13 of 2021 (w.e.f. 1 April 2021) and includes all important allied Rules, Directions, and Orders governing securitisation, asset reconstruction companies, and enforcement mechanisms.
Supplemented with Landmark Judgments, this volume provides authoritative judicial interpretation of creditor rights, borrower safeguards, and procedural compliance, making it an indispensable reference for banking professionals, legal practitioners, and students.
Key Highlights
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Complete text of the SARFAESI Act, 2002
(Act 54 of 2002, as amended by Act 13 of 2021) -
Includes important Allied Rules & Directions:
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The Security Interest (Enforcement) Rules, 2002
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RBI Guidelines and Directions, 2003
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SARFAESI (Removal of Difficulties) Order, 2004
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SARFAESI (Central Registry) Rules, 2011
(as amended by G.S.R. 45(E), dt. 24-1-2020)
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Landmark Judgments for judicial clarity and practical application
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Bare Act with Comments for easy understanding and reference
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Clear, accurate, and exam-oriented statutory presentation
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