Bare ActsThe Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Section 24

Modification of security interest registered under this Act.

Amendment status not verified — confirm the current text below against the official source.

Whenever the terms or conditions, or the extent or operation of any security interest registered under this Chapter are or is 1 [asset reconstruction company] or the secured creditors, as the case may be, to send to the Central Registrar, the particulars of such modification, and the provisions of this Chapter as to registration of a security interest shall apply to such modification modified, it shall be the duty of the 2 [asset reconstruction company] or the of such security interest.

Section 24 – The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 | DailyLaw.ai