Workshop on Cashflow modelling and structuring Securitisation and pool transfers

Register Here:
Loader Loading…
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab

Download as PDF

CERSAI beyond SARFAESI – The multi-faceted effects of security interest registration

– Sikha Bansal and Anirudh Grover |


The rights of secured creditors are spread across various laws: common law, Companies Act, Insolvency and Bankruptcy Code (IBC) and the SARFAESI Act. In equal measure, the preconditions which are requisite to assert these rights are also spread over those very laws. 

It is lamentable that the security interest registration regime in India is fragmented, without any obvious sense of purpose or direction. This was discussed in our previous article Fragmented Framework for Perfection of Security Interest[1].

Read more