CourtMesh

The SARFAESI (Central Registry) Amendment Rules, 2013

Central Rules · 20026,991 characters of text

The enactment

Long titleThe SARFAESI (Central Registry) Amendment Rules, 2013
TypeRules
Year2002
JurisdictionCentral
MinistryMinistry of Finance
StatusIn force as published by the source
TextPublished as one document, as the source published it
Subjectsfinancial

Full text

The source publishes this enactment as a single document rather than provision by provision, so the whole text is below and there are no per-section pages for it. Nothing has been shortened.

~"Bo "ito 1@o-33004/99 REGD. NO. D. L.-33004/99 ,"~ ••"I'Iil 6FIT Q:he (!JoLette of 3ndia'-~ ~ EXTRAORDINARY 'ifT1TII-~ 3-~-~ (ii)

PART II-Section 3-Sub-section (ii) ~~\OIq;I~Ii'1 PUBLISHED BY AUTHORITY "fl. 1077) No. 1077) ~~, ,;I'.I<JR, -qf 15, 2013~ 25, 1935 NEW DELHI, WEDNESDA Y, MAY IS, 2013N AISAKHA 25, 1935 ffrff tti ~ I ('I ~ (~~fcmldl) ~ ~ R\()'<4\ 15~, 2013 Cffi'.3IT.1223(3f)--4lc=t'l~ 'H{CflI{ ~~ ~ Cffi' QqffCi 3tR ~ ~ ~ (~~rrcuc:r)~, 2012 (2013 cnr 1) cf:r cum 1 cf:r ~cum (2) rm ~ ~If$~ cnr umcrr ~ Sl! C11f1'l!1115 d1R1 ~, ~ 2013 en)" ~ C1lfi'l!ll $" ~ dl Rl4 C1 ~ ~ f\;1'HCfl) 3CfC1" ~ cf:r cum 8 JtR cum 15 ~ $" ~~~I [1JtO. ~. 11112013-~4lqfiJ 31Gj{IJI ~, ;H~Cf(i ~, 2002 GII2013 (1) 2 THE GAZETTE OF INDIA: EXTRAORDINARY --[PARTII-SEC. 3, ,) MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the is" May, 2013

5.0. 1223(E).-ln exercise of powers conferred by sub-section (2) of Section 1 of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 (No.

1 of 2013), the Central Government hereby appoints the 15th day of May, 2013, as the date on which the provisions of Sections 8 and 15 (b) of the said Act shall come into force.

[F. No.1/1/2013-Recovery] ANURAG JAIN, Jt. Secy.

Printedby the ManagerGovernmentof india Press, Ring Road, Mayapuri, New Delhi-I 10064 and Published by the Controller of Publications, Delhi-I 10054.

., ~ ~o ito l@o-33004/99 REGD. NO. D. L.-33004/99 m:ntm"OT EXTRAORDINARY 'lT1TII-~ 3-~-~ (i)

PART II-Section 3-Sub-section (i) \Ifft:ICfiH -« \I(q;Iftikl PUBLISHED BY AUTHORITY ti. 234) No. 234) ~~,~, ~ 15, 2013~ 25, 1935 NEW DELHI, WEDNESDAY, MAY 15, 2013N AISAKHA 25, 1935 fmr Jhm'4'4 (~ ~ fctIrrIJ) ~ ~ ~, 15 JIt, 2013 m.q;r.fct. 310(3J).- ~ ~, ~ 311fft:i41 q;r ~ 3iR ljC1Ji6C1 ~ ~ ~ q;r ~ ~, 2002 (2002 q;r 54) cfit emu 20 c)l m~ ~ emu 38 cfit 3Q'-emu (1) 3fit 3Q'-emu (2) c)l 6JOS (<IT) ~ (U;) ~ ~ ~TftI:;<IT CJlT ~ ~ S1r ~ 311f@4i CJlT .

~ 3iR ljCiJiOCf om ~ ~ CJlT ~ (~ «~~) fcnm, 2011 CJlT ~Ck1~~(1 m~ q;rcft~, .mna:-, t. (1) ~ ~ CJlT ~ CUCR'~ 311fft:i4i CJlT ~ 3iR ljCiJiOCf (1'~ ~ ~ CJlT ~ (~ «W1~) (m~) ~, 2013 ~I .

(2) ~ ~ al ~1C1" cfit ~ ClIT 1Tc!tf ~I

2. ~ 311f@4i CJlT ~ 3fit ljC1JiOCf ~ ~ ~ q;r ~ (~ «Q~) ~, 2011 (~ ~ ~ ~m(=( ~ ~ ~ 1J<IT ~) al, ~ 2 c)l 3Q'-~ 1 c); 6JOS (5.) al "'8ffQffi al ~ ~ ~' ~TiCJ c); ~m(=( '~ ~ cfit emu 20 cfit 3Q'-emu 1 c); ~ ~ «W1~ cfit ~ cfit ~ ~ ~ Q:q~(1 tiUlq(,l« 'HfRi~(1 ~" ~IiG 3t1:~ fcl;Q" ~I 2001Gl/2013 (I) ---------- ------------------------------------------------------------- 2 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)]

3. (i) ~ fc!t<m c); ~ 5 c); 3Q'-~ (i) c); ~ Q'{ fclCh1ffiRa(1 3Q'-~ ~ ~, ~:- "(1) fc!t<m 3 c); 3Q'-~ (1) ~ ~ ~ ;H~q~F( c1it ~ ~ ;H~Cl~H cfit RTfusr t 30 ~ cfit ~ c); ~ ~ «f\;1f?I« c); Qffi ~ ~ ~:

tHg ~ ~ ~ Qil~(1 ;H~Cl~I« c1it ~ ~ ~ Gm 30 ~ em m ~ ~ ~ ~ c); Qffi ~ ~ ~ ~ 3Cf(1"ffifusr oq; ~ ~ ~ Q'{ ~ ~ ~ ~ ~:

tHg ~ ~ :It ~ 3Cf(1"ffifusr c); ~mct ~ «f\;1't{l c); Qffi ~ c1it ~ ~ Qil~(1 CJiRiI'R ~ 7 c); Jrl.fTcr ~ ~ mnfclfclRIZ ~ ~ ~ ~ ~I";

(ii) ~ ~ c); ~ 7 c1it ~ ~-

(qi) ~ fcl<lIAICi~ ~ ~ ~ t ~ SJl1f ;H&aiCh 2 c); ~ ~ (4) c); 3rlftC1' "250 ~." 3tChl c); ~ tR', W3 ~ ~TiG~ ~;

(~) ~ QTO ~ ~~~ ~ ~<rcom ~ ~I [Q'i .~ .1/1/2013 ~ 3fcjWT ~,~ m=mr t:JTG~:- ~ ~:I1RCr c); ~.~, 3UdT-II, ~ 3 3Q'-~ (i) ~ ar. qrr. fct 276 (3f) nrfusl j'l ~, 2011 Gm ~ fcmr dW ~I MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION' New Delhi, the 15th May, 2013 G.S.R. 310(E).-In exercise of the powers conferred by sub-section (1) and clauses (c) to (g) of sub-section (2) of Section 38 read with Section 20 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), the Central Government hereby makes the following rules to amend the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011, namely:-

1. (1) These rules may be called the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) (Amendment) Rules, 2013.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011 (herein after referred to as the principal rules), in rule 2, in sub-rule (1), in clause (e), after the words "any security interest over property" occurring at the end, the words "and includes the transactions which subsisted before the date of setting up of the Central Registry under sub-section (1) of Section 20 of the Act" shall be inserted.

3. (i) in rule (5) of the principal rules, for sub-rule (I), the following sub-rule shall be substituted, namely:- "(1) The particulars of every transaction referred to in sub-rule (1) of rule 3 shall be filed with the Central Registrar within a peri od of thirty days from the date of such transaction:

I.

[~II-<9U6 3(i)] 3

Provided that particulars of all subsisting transactions shall be filed by the secured creditors with the Central Registry on or before the 30th June and no fee shall be payable on such filing till the said date: .

Provided further that all subsisting transactions filed with the Central Registry after the said date shall be chargeable with such fee as specified in the Table under rule 7.";

(ii) in rule (7) of the principal rules, in the Table-

(a) against SI. No.2, relating to Satisfaction of any existing Security Interest, under column (4), for the figures . "Rs. 250", the word "Nil" shall be substituted;

(b) against SI. No.4, relating to Particulars of satisfaction ofsecuritisation or reconstruction transactions, under column (4), for the figures "50", the figures "250" shall be substituted.

[F. No. 111I2013-Recovery] ANURAG JAIN, Jt. Secy.

Footnote:- The principal rules were published in the Gazette of India, Extraordinary Part-II, Section 3 subsection (i), vide G.S.R. 276(E), dated the 31SI March, 2011.

~'t{illiIl ~ ~, 15 a:rt, 2013 lIT.w.fct 311(3J).~ ~, ~ 3.fR fc«:f'r<r ~.m CflT~ftol~ ~ .~, 1993 (1993 q;r 51) cfrr ~ 19 cfrr 3'Q'-CURT (3co) c); WT ~ CURT 36 cfrr 3Q'-CURT (2) c); ~ ("JfJT) G'RT ~ ~Tftnmq;r ~ ~ ~, ~ ~ ~ (~ ~ ~ q~ ~ ~ <JJ<IT ~) ~ i=4IOQI~OQ«m Qkli:\IOQ fclFc'lOQ~(1 ~ c); ~ Fc'lJ1rl~~(1 ~ ~ ~, ~:-

1.miml c:rm 3tR ~-(1) ~ ~ q;r mam- c:rm ~ ~ ~ (i=4IOQI~OQ~ q;r Qkli:\IOQ) ~, 2013 ~I

(2) ~ ~ ~ ~ ~TCf cfrr CfT'fusr CflTU¥ ~I

2. ~ ~-~ ~ ~ ~ ~ fcmr ern:! ~ ~ ~ ~ Fc'lqclCi ~ ~ c); lfcR'al ~ ~ fcmr ~ ~ qfr <TT cfloFfflliI ~ IDU trIfu1 Jffi=rn ~T ~ q;1~cllQ;'41 ~ qfr ~ 3ft mn.R' tR" ~ ~I tffij ~ ~ ~ c); qm ~ q;1~cllQ;OQT ~ ~ Cf6f cmRft cfrr ~ ~ er ~I

3.~ - ~ fct<ml ~ ~ ncofcJl ~ ~ ~ ~ C1' ~:-

(co) I~' ~ ~ 3tR fc«:f'r<r ~ CflT~IT't<f ~ ~ ~, 1993 ~ ~;

(~) '~10HflCi ~ ~ ~ ~ CURT 4 cfrr 3Q'-CURT (1) c); ~ ~ ~ ~ ~ q;r cl,ol'fflCi ~ ~ ~;

(CJT) I~ ~ ~ cfrr cum 3 cfrr 3Q'-CURT (1) c); ~ ~ ~ ~ ~~~;

('Ef) ~ ~ ~ ~ ~TiG ~ 3ffJlUlI"$:zii q;r ~ ~ C1tJ ftJ;m <JJ<IT ~, ~ ~ ~ ~ ~ fcJ;<n <JJ<IT~, q;r ~ ~ ~ ~ ~ ~ ~I

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The SARFAESI (Central Registry) Amendment Rules, 2013 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.