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The Preamble to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…

The amended long title identifies financial-asset securitisation and reconstruction, security enforcement and a central database of property-related security interests.…

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The Preamble to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 primarily declares that the Act has been enacted:

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The amended long title identifies financial-asset securitisation and reconstruction, security enforcement and a central database of property-related security interests. Licensing banks, corporate insolvency generally and establishing debt-recovery Tribunals arise under other statutes.

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