Section 5: Requirement for registration as a factor not to apply to bank or Statutory corporation or  Government company.

Q: What does Section 5 of The Factoring Regulation Act, 2011 (TFRA) deal with?

Section 5 TFRA pertains to "Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company.". It is part of the The Factoring Regulation Act, 2011, a legislation enacted by the Parliament of India. Section 5 of The Factoring Regulation Act, 2011 (TFRA) governs requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. As verified on 19 May 2026.

Q: Is Section 5 TFRA still in force?

Yes, Section 5 of the The Factoring Regulation Act, 2011 is currently in force across the Republic of India.

Q: What is धारा 5 TFRA?

धारा 5 TFRA is the Devanagari Hindi reference for Section 5 of the The Factoring Regulation Act, 2011. Section 5 of The Factoring Regulation Act, 2011 (TFRA) governs requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. As verified on 19 May 2026.

Q: What is Dhara 5 TFRA?

Dhara 5 TFRA is the Roman Hindi reference for Section 5 of the The Factoring Regulation Act, 2011. "Dhara" means "Section" in Hindi. Section 5 of The Factoring Regulation Act, 2011 (TFRA) governs requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. As verified on 19 May 2026.

Q: How to cite Section 5 of The Factoring Regulation Act, 2011?

Cite as: "Section 5, The Factoring Regulation Act, 2011 (TFRA)" in legal briefs. For academic writing, use the BlueBook format: The Factoring Regulation Act, 2011, § 5 (India).

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Wednesday, 20 May 2026

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Section 5 TFRA (The Factoring Regulation Act, 2011): Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. | Law on Tips | Law on Tips

Table of Contents

The Factoring Regulation Act, 2011

Chapter II — REGISTRATION OF FACTORS

Section 5

Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company.

Nothing contained in section 3 shall apply to a bank or any corporation established under an Act of Parliament or State Legislature, or a Government Company as defined under section 617 of the Companies Act, 1956 (1 of 1956).

Related Sections

§4

Provisions of non-banking financial companies apply to factor.

TFRA

§3

Registration of factors.

TFRA

§6

Powers of Reserve Bank to give directions and to collect information from factors.

TFRA

Printed from Law on Tips • The Factoring Regulation Act, 2011

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