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Section 3: Registration of Transactions of assignment of reccivables

Registration of Assignment of Receivables Rules 2012 under Factoring Regulation Act 2011Central Rules · 2012

Every Factor shall file particulars of, fa) assignment oi' receivables in his favour with the Central Registry in Form-I and such form shall be authenticated by a person specified in the form for such purpose by use of a valid digital signature:

(b) satisfaction of any transaction of assignment of receivables on realisation of the receivables fully in Form-ll which shall be auihenlicated by a person specified in the form for such purpose by use of a valid digital signature.

Where this provision sits

ActRegistration of Assignment of Receivables Rules 2012 under Factoring Regulation Act 2011
Section3
Marginal noteRegistration of Transactions of assignment of reccivables
JurisdictionCentral
StatusIn force as published by the source

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