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Section 29: Confidentiality of information.

The Factoring Regulation Act, 2011Central Act · Act 12 of 2012

Save as otherwise provided in this Act, or unless required to do so by an order passed by any Court or Tribunal or any other statutory authority under any provision of law for the time being in force or for the purpose of recovery of the receivable, a factor shall maintain confidentiality and shall not disclose to any person information obtained by it from, any assignor, its present and future customers, its commercial and business activities and the terms of sale between the assignor and any debtor and other detail about the assignor.

Where this provision sits

ActThe Factoring Regulation Act, 2011
Section29
Marginal noteConfidentiality of information.
JurisdictionCentral
StatusIn force as published by the source

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