Best Book Mart

SUBJECTS

ADV. SEARCH

Home > Subjects > Others

Guide to Securitisation, Reconstruction of Financial Assets and Enforcement of Security Interest

	Guide To Securitisation, Reconstruction Of Financial Assets And Enforcement Of Security Interest by Justice Banerjee
	Price : Rs 995.00
	Your Price : Rs 895.50

The Act embraces three major aspects namely, securitisation, asset reconstruction and the enforcement of the security interests. The enforcement of the security has been made simple in the cases where there is incidence of continued default by the borrowers and their accounts have been classified as non-performing assets (NPA) in the books of banks/financial institutions which have provided the financial assistance. The present Act in a special legislation. It may go a long way in reducing the level of NPA. It is also likely to redefine the relationship of the borrower and the secured creditors. The Act may also help in keeping a check on the NPAs in future as well and will bring in new financial culture in the system.

The Act is also meant to regulate the business of Securitisation and asset reconstruction. Securitisation is a new financial product for the Indian market. The provisions of the Act deal with the general methodology which will be adopted by the Securitisation companies to issue the security receipts/debentures to the qualified institutional buyers [QIB]. These receipts will be privately placed with them and there would not be any public issue. The next part of the Act deals with the asset reconstruction which inter-alia is not new to the Indian corporate sector.

The Secured Creditors (Banks/FI) have been given wide powers for the purpose of the take-over of the assets or the management of the borrowers. The secured creditors can have recourse to either of these with a provision to sell these assets or take other actions for the purpose of the realisation of the financial assistance. This power is available with SFCs under section 29 of the SFC?s Act, 1951. It has been widely resorted to by the SFC?s. The Chapter III of the Act is a Major touchstone of the Act. It authorises the secured creditors to take over the assets or the management of the borrower company.

It is expected that the book would be useful to the banks/financial institution, the financial consultants, legal practitioners and Company Secretaries. ISBN 9788180384745

Payment accepted by All Major Credit and Debit Cards, Net Banking, Cash Cards, Paytm, UPI, Paypal. Our payment gateways are 100% secure.

Check Delivery

Books by Same Author

10%

Guide to debt Recovery Tribunal
by Justice Banerjee

WRIT REMEDIES 3rd edition
by JUSTICE B P BANERJEE

10%

Guide to Securitisation, Reconstruction of Financial Assets and Enforcement of Security Interest
by Justice Banerjee

10%

Writ Remedies - Remediable Rights under public Law
by Justice B P Banerjee

10%

Judicial Control of Administrative Action
by Justice B P Banerjee

Books of Similar Interest

20%

Ultrasound in Obstetrics & Gynecology
by MALHOTRA NARENDRA

15%

Conversations about Calling: Advancing Management Perspectives
by Valerie L. Myers

15%

Semiotic Analysis and Public Policy: Connecting Theory and Practice
by Christopher L Atkinson

Read Aloud- Vikram & Betal
by NITA MEHTA

18%

Cambridge English Pronouncing Dictionary, 18 Ed (BOOK ONLY)
by JONES

Support

Phone : +91-9266663909

Email : support [at] bestbookmart.com

Timing : 10:00 AM to 6:00 PM (Mon-Fri)

Quick Links

View Cart
My Account
Terms & Conditions
Privacy Policy
Return Policy

Guide To Securitisation, Reconstruction Of Financial Assets And Enforcement Of Security Interest

by Justice Banerjee