Section 19: Registration of certain assignments of receivables transactions.

Q: What does Section 19 of The Factoring Regulation Act, 2011 (TFRA) deal with?

Section 19 TFRA pertains to "Registration of certain assignments of receivables transactions.". It is part of the The Factoring Regulation Act, 2011, a legislation enacted by the Parliament of India. Section 19 of The Factoring Regulation Act, 2011 (TFRA) governs registration of certain assignments of receivables transactions. As verified on 19 May 2026.

Q: Is Section 19 TFRA still in force?

Yes, Section 19 of the The Factoring Regulation Act, 2011 is currently in force across the Republic of India.

Q: What is धारा 19 TFRA?

धारा 19 TFRA is the Devanagari Hindi reference for Section 19 of the The Factoring Regulation Act, 2011. Section 19 of The Factoring Regulation Act, 2011 (TFRA) governs registration of certain assignments of receivables transactions. As verified on 19 May 2026.

Q: What is Dhara 19 TFRA?

Dhara 19 TFRA is the Roman Hindi reference for Section 19 of the The Factoring Regulation Act, 2011. "Dhara" means "Section" in Hindi. Section 19 of The Factoring Regulation Act, 2011 (TFRA) governs registration of certain assignments of receivables transactions. As verified on 19 May 2026.

Q: How to cite Section 19 of The Factoring Regulation Act, 2011?

Cite as: "Section 19, The Factoring Regulation Act, 2011 (TFRA)" in legal briefs. For academic writing, use the BlueBook format: The Factoring Regulation Act, 2011, § 19 (India).

Law on Tips Editorial Board

¹[(1)Every factor shall register the particulars of every transaction of assignment of receivables in his favour with the Central Registry set-up under section 20 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), within such time from the date of such assignment, in such manner and subject to payment of such fee, as may be prescribed.]

Explanation.For the purpose of filing of particulars of every transaction of assignment of receivables with the Central Registry, the receivables may be described specifically or generally with reference to the debtor, or the period to which they relate or by any other general description by which such receivables can be identified.
²[(1A) Where any trade receivables are financed through a Trade Receivables Discounting System, the particulars specified in sub-section (1) and sub-section (3) shall be filed with the Central Registry on behalf of the factor by the Trade Receivables Discounting System concerned, in such manner as may be specified by regulations.]

(2) For the purposes of this Act, a record called the Central Register shall be kept at the head office of the Central Registry for entering the particulars of the transactions relating to assignment of receivables in favour of a factor.

(3) On realisation of the assigned receivables or settlement of the claim against the debtors, the factor shall file satisfaction of the assignment of receivables in its favour, in such manner and subject to payment of such fees as may be prescribed in this behalf.

(4) The provisions for registration of transactions contained in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002) and the rules made thereunder shall, mutatis mutandis, apply to the record of assignment of receivables in favour of a factor in the Central Register with the Central Registry.

1. Subs. by Act 21 of 2021, s. 4, for sub-section (1) (w.e.f. 23-8-2021).
2.Ins. by s. 4, ibid. (w.e.f. 23-8-2021).