1. Short title, extent and commencement.2. Definitions.20 3. Registration of asset reconstruction compa…10 4. Cancellation of certificate of registratio…1 5. Acquisition of rights or interest in finan…5 5A. Transfer of pending applications to any on…6. Notice to obligor and discharge of obligat…7. Issue of security by raising of receipts o…8. Exemption from registration of security re…2 9. Measures for assets reconstruction.1 10. Other functions of asset reconstruction co…1 11. Resolution of disputes.1 12. Power of Reserve Bank to determine policy …1 12A. Power of Reserve Bank to call for statemen…12B. Power of Reserve Bank to carry out audit a…13. Enforcement of security interest.102 14. Chief Metropolitan Magistrate or District …34 15. Manner and effect of take over of manageme…1 16. No compensation to directors for loss of o…17. Application against measures to recover se…54 17A. Making of application to Court of District…1 18. Appeal to Appellate Tribunal.18 18A. Validation of fees levied.18B. Appeal to High Court in certain cases.1 18C. Right to lodge a caveat.19. Right of borrower to receive compensation …20. Central Registry.1 20A. Integration of registration systems with C…20B. Delegation of powers.21. Central Registrar.22. Register of securitisation, reconstruction…23. Filing of transactions of securitisation, …24. Modification of security interest register…1 25. Asset reconstruction companyor secured cre…26. Right to inspect particulars of securitisa…26A. Rectification by Central Government in mat…26B. Registration by secured creditors and othe…26C. Effect of the registration of transactions…26D. Right of enforcement of securities.1 26E. Priority to secured creditors.6 27. Penalties.28. [Omitted.].29. Offences.30. Cognizance of offence.30A. Power of adjudicating authority to impose …30B. Appeal against penalties.30C. Appellate Authority.30D. Recovery of penalties.31. Provisions of this Act not to apply in cer…2 31A. Power to exempt a class or classes of bank…2 32. Protection of action taken in good faith.4 33. Offences by companies.34. Civil court not to have jurisdiction.11 35. The provisions of this Act to override oth…23 36. Limitation.3 37. Application of other laws not barred.13 38. Power of Central Government to make rules.2 39. Certain provisions of this Act to apply af…40. Power to remove difficulties.41. Amendments to certain enactments.2 42. Repeal and saving.

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41. Amendments to certain enactments.

2 judgments cite this provision SC

The enactments specified in the Schedule shall be amended in the manner specified therein.

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