Securitisation: Asset Reconstruction and Enforcement of Security Interests
A comprehensive commentary on Securitisation Laws, dealing with the operational as well as the regulatory aspect of Securitisation Laws arranged under broad themes.
It provides a section wise commentary on the Securitisation, Asset Reconstruction and Enforcement of Security Interest Act, 2002 (SARFAESI).
Analyses the changes brought by The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016
It also discusses allied legislation which deal with securitization such as (i) Recovery of Debts Due from Banks and Financial Institutions Act, 1993 (RDDBFI), and (ii) Debt Recovery Tribunal Rules.
Complex finance related concepts (such as asset securitisation, mortgage backed security, non-performing loans, etc.) have been explained in a simple language for easy understanding
Provides a holistic view on the subject including: (i) Taxation provisions, (ii) StampLaws/duties applicable, (iii) Accounting Standards
Contains quick reference tables on (I) Credit enhancements; (II) Non-performing loans ratio; (III) Process of receivables securities.
The book is a must have for Corporates, Advocates, Law firms, Indian Institute of Banking and Finance, Indian Banker’s Association, In-house counsels, credit rating agencies, bankers, Company Secretary, Chartered Accountants, Ministry of Corporate Affairs, National Bar Association of India, Libraries, Scholars, Academicians.
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