The Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), was introduced to empower banks and financial institutions with a streamlined process to recover secured debts. By enabling lenders to enforce their security interests without requiring initial court intervention, the Act has been a https://bookmarkprobe.com/story18986228/understanding-the-sarfaesi-act-2002-streamlining-debt-recovery