[26D. Right of enforcement of securities.--Notwithstanding anything contained in any other law for the time being in force, from the date of commencement of the provisions of this Chapter, no secured creditor shall be entitled to exercise the rights of enforcement of securities under Chapter III unless the security interest created in its favour by the borrower has been registered with the Central Registry.]
Section 26D: Right of enforcement of securities.
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 | 26D |
| Marginal note | Right of enforcement of securities. |
| 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. . Ins. by s. 18, ibid. (w.e.f. 24-1-2020).
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