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.]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).
Chapter II — REGULATION OF SECURITISATION AND RECONSTRUCTION OF FINANCIALASSETS OF BANKS AND FINANCIALINSTITUTIONS
Section 12A
Power of Reserve Bank to call for statements and information.
Printed from Law on Tips • The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002