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SARFAESI Act, 2002: Simplifying Debt Recovery for Financial Institutions

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The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), was introduced to empower banks and financial institutions with a streamlined process to recover secured debts. By enabling lenders to enforce their security interests without requiring initial court intervention, the Act has been a https://are-orbeez-biodegradable87524.bloginder.com/32833694/sarfaesi-act-2002-simplifying-debt-recovery-for-financial-institutions

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