The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

Central Registry

Integration of registration systems with Central Registry

Delegation of powers

Central Registrar

Register of securitisation, reconstruction and security interest transactions

Filing of transactions of securitisation, reconstruction and creation of security interest

Modification of security interest registered under this Act

Asset reconstruction companyor secured creditors to report satisfaction of security interest

Right to inspect particulars of securitisation, reconstruction and security interest transactions

Rectification by Central Government in matters of registration, modification and satisfaction,  etc


CENTRAL REGISTRY


1[20B. Delegation of powers.--The Central Government may, by notification, delegate its powers and
functions under this Chapter, in relation to establishment, operations and regulation of the Central
Registry to the Reserve Bank, subject to such terms and conditions as may be prescribed.]

LAWGIST

# 20B Delegation of powers