1. Short
title, extent and commencement
REGULATION
OF SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS OF BANKS AND FINANCIAL
INSTITUTIONS
3. Registration
of securitisation companies or reconstruction companies
4. Cancellation
of certificate of registration
5. Acquisition
of rights or interest in financial assets
6. Notice
to obligor and discharge of obligation of such obligor
8. Exemption
from registration of security receipt
9. Measures
for assets reconstruction
10. Other functions of securitisation company or reconstruction
company
12. Power of Reserve Bank to determine policy and issue
directions
13. Enforcement of security interest
15. Manner and effect of takeover of management
16. No compensation to directors for loss of office
18. Appeal to Appellate Tribunal
19. Right of borrower to receive compensation and costs in certain cases
22. Register of securitisation, reconstruction and security interest transactions
23. Filing of transactions of securitisation, reconstruction and
creation of security interest
24. Modification of security interest registered under this Act
28. Penalties for non‑compliance of direction of Reserve
Bank
31. Provisions of this Act not to apply in certain cases
32. Protection of action taken in good faith
34. Civil Court not to have jurisdiction
35. The provisions of this Act to override other laws
37. Application of other laws not barred
38. Power of Central Government to make rules
39. Certain provisions of
this Act to apply after Central Registry is set up or cause to be set up
40. Power to remove difficulties
41. Amendments to certain enactments