Basics of SARFAESI Act A Complete Study

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Offered byUDEMY

Basics of SARFAESI Act A Complete Study
at
UDEMY
Overview

A Short course about Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act

Duration	3 hours
Total fee	₹649
Mode of learning	Online
Credential	Certificate

Basics of SARFAESI Act A Complete Study
at
UDEMY
Highlights

Earn a Certificate of completion from Udemy
Learn from 8 downloadable resources & 1 article
Get full lifetime access of the course material
Comes with 30 days money back guarantee

Basics of SARFAESI Act A Complete Study
at
UDEMY
Course details

Skills you will learn

Accounting Security Sales

Who should do this course?

For Bank Executives
For JAIIB Aspirants
For Chartered Accountants
For Insolvency Professionals
For Finance Consultants

What are the course deliverables?

Basics and Definitions of SARFAESI Act
Enforcement of Security Interest

More about this course

The SARFAESI Act provides stringent powers to the Banks and Financial Institutions whereby, the secured asset of the borrower is auctioned without the intervention of the DRT
It allows banks and other financial institutions to enforce security interest and recover loans in case of default

Basics of SARFAESI Act A Complete Study
at
UDEMY
Curriculum

Introduction

Introduction to SARFAESI Act

Constitutional Validity of SARFAESI Act

Definition

Borrower Definition

Bank Definition

Default Definition

Financial Assistance - Definition

Financial Asset - Definition

Hypothecation - Definition

Definition of Property

Defintion of Security Interest

Defintion of Secured Creditor

Enforcement of Security Interest

Introduction to Enforcement of Security Interest

Part 1 - Notice - Enforcement of Security Interest

Part 2 - Recourse to Secured Creditor - Borrower not making full payment

Part 3 - Transfer by Secured Creditor, Appropriation of Sale Proceeds & Payment

Part 4 - Company under Windinging Up & Scenario of other Securities Available

Part 5 - Different rights of secured creditor, Notice & Provisions of Sec 13(2)

Taking Possession of Secured Asset - assistance of Chief Metropolitan Magistrate

Manner and Effect of Take over of Management

No Compensation to Directors for Loss of Office

Right to Prefer Application to DRT

Appeal to appellate authority

Right of the Borrower for the compensation and cost

Registration of Securitisation and Reconstruction of Financial Assets of Bank and

Registration of Securitisation Company or Reconstruction Company

Cancellation of Certificate of Registration

Acquisition of right of interest in security assets - Part 1

Acquisition of right of interest in security assets - Part 2

Acquisition of right of interest in security assets - Part 3

Notice of Obligor & Discharge of Obligation of such obligor

Issue of Security Receipts & Raising of Funds

Measures of Asset Securitisation - Part 1

Measures of Asset Securitisation - Part 2

Other Functions of Securtisation / Reconstruction Company

Settlement of Dispute

Powers of RBI to determine policy & issue directions

Last Section

Bonus Lecture

Basics of SARFAESI Act A Complete Study
at
UDEMY
Faculty details

Raja Natarajan,

He is teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India