LawgistThe Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
42Repeal and saving
(1) The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Second) Ordinance, 2002 (Ord. 3 of 2002) is hereby repealed.
(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of this Act.
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MISCELLANEOUS
- 31 Provisions of this Act not to apply in certain cases
- 31A Power to exempt a class or classes of banks or financial institutions
- 32 Protection of action taken in good faith
- 33 Offences by companies
- 34 Civil court not to have jurisdiction
- 35 The provisions of this Act to override other laws
- 36 Limitation
- 37 Application of other laws not barred
- 38 Power of Central Government to make rules
- 39 Certain provisions of this Act to apply after Central Registry is set up or cause to be set up
- 40 Power to remove difficulties
- 41 Amendments to certain enactments
- 42 Repeal and saving
