[12A. Power of Reserve Bank to call for statements and information.-- The Reserve Bank may at any time direct a [asset reconstruction company] to furnish it within such time as may be specified by the Reserve Bank, with such statements and information relating to the business or affairs of such [asset reconstruction company] (including any business or affairs with which such company is concerned) as the Reserve Bank may consider necessary or expedient to obtain for the purposes of this Act.]
Section 12A: Power of Reserve Bank to call for statements and information.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002Central Act · Act 54 of 2002
Where this provision sits
| Act | The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 |
|---|---|
| Section | 12A |
| Marginal note | Power of Reserve Bank to call for statements and information. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 30 of 2004. . Ins. by Act 30 of 2004, s. 7 (w.e.f. 11-11-2004).
- substituted, Act 44 of 2016. . Subs. by Act 44 of 2016, s. 3, for "securitisation company or reconstruction company" (w.e.f. 1-9-2016).
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