Legal Question in Credit and Debt Law in India

sarfaesi act 2002 and contract act 1872

Is the SARFAESI ACT applicable to Contracts.


Asked on 1/28/09, 12:23 am

1 Answer from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: sarfaesi act 2002 and contract act 1872

The Act is applicable to money recoverable by banks from borrowers who fail to pay and commit a breach of their loan agreement / contract.

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Answered on 1/28/09, 8:38 am


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