Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 View Chapter 2

Power of Reserve Bank to call for statements and information.

1[12A. Power of Reserve Bank to call for statements and information.-- The Reserve Bank may at any time direct a 2[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 2[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.]

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Footnote :

  1. Ins. by Act 30 of 2004, s. 7 (w.e.f. 11-11-2004).
  2. Subs. by Act 44 of 2016, s. 3, for "securitisation company or reconstruction company" (w.e.f. 1-9-2016).