Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (as amended by Act 13 of 2021) with allied Rules, Order, Guidelines and Directions

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 is a comprehensive Bare Act with comments that provides the statutory framework for enforcement of security interests by banks and financial institutions without court intervention. Commonly known as the SARFAESI Act, the legislation enables secured creditors to recover non-performing assets through measures such as possession, sale of secured assets, and reconstruction of financial assets. This updated 2026 edition incorporates amendments up to Act 13 of 2021 and presents the Act along with allied rules, RBI guidelines, and judicial interpretation, making it a reliable and authoritative reference on banking recovery and financial asset enforcement law in India.

Key Features

• Bare Act text supported by concise and practice-oriented comments
• Updated with amendments introduced by Act 13 of 2021
• Includes Security Interest (Enforcement) Rules, 2002
• Covers RBI guidelines governing securitisation and reconstruction companies
• Includes Removal of Difficulties Order, 2004
• Incorporates Central Registry Rules, 2011 with amendments
• Explains enforcement mechanisms against secured assets
• Enriched with landmark judgments for interpretative clarity
• Updated 2026 edition reflecting current statutory position
• Published by Law & Justice Publishing Co.

This book is highly useful for advocates, banking and finance law practitioners, debt recovery professionals, insolvency practitioners, bankers, financial institutions, chartered accountants, company secretaries, judicial service aspirants, law students, academicians, and legal researchers who require an authoritative and updated reference on enforcement of security interests and recovery of non-performing assets. Its coverage of rules, regulatory directions, and case law makes it especially valuable for litigation, advisory work, compliance, academic study, and competitive examination preparation.