Taxmann SARFAESI & Debts Recovery Law Manual 2nd Edition Dec 2025

Taxmann SARFAESI & Debts Recovery Law Manual 2nd Edition Dec 2025

Taxmann SARFAESI & Debts Recovery Law Manual 2nd Edition Dec 2025

The Present Publication is the 2026 Edition, amended up to 10^th December 2025.

The coverage of the book is as follows:

• Book One – SARFAESI Act 2002
  • Division One – Guide to SARFAESI Act 2002
    • This Division provides a practice-oriented guide explaining the structure, objectives, and working of the SARFAESI Act 2002, before the reader moves to the statutory text
    • It begins with an Overview of the SARFAESI Act, outlining its background, scope, applicability, and key features
    • It then explains the Enforcement of Security Interest, detailing creditor rights, demand notices, borrower representations, and possession of secured assets
    • A dedicated chapter covers the Procedure for Sale of Assets, including valuation, auction/e-auction, confirmation of sale, and issuance of sale certificates
    • The Guide also addresses Applications, Appeals, and Penalties, explaining remedies before the DRT and appeals to the DRAT
    • Separate chapters deal with Securitisation and Asset Reconstruction Companies (ARCs), covering the acquisition of financial assets and the regulatory framework for ARCs
    • The Guide concludes with Registration of Transactions under SARFAESI, explaining registration of security interests with the Central Registry (CERSAI)
  • Division Two – SARFAESI Act 2002
    • Contains the complete, updated text of the SARFAESI Act, 2002, preceded by an Arrangement of Sections and followed by a Subject Index for easy reference.
  • Division Three – Rules
    • Includes the Security Interest (Enforcement) Rules 2002, governing notices, possession, management, and sale of secured assets.
    • Also covers the SARFAESI (Central Registry) Rules 2011 and relevant provisions of the Tribunals Reforms Act 2021, as applicable to SARFAESI matters
  • Division Four – Circulars/Directions/Notifications/Orders
    • Compiles key RBI directions, Government notifications, and SARFAESI regulatory instruments, including ARC-focused directions, Removal of Difficulty Orders, and the RBI circular on disclosure of secured assets possessed
  • Division Five – Case Laws Digest under SARFAESI Act
    • Provides a dedicated digest of important judicial decisions interpreting the SARFAESI Act, applicable for enforcement and litigation support
• Book Two – Recovery of Debts and Bankruptcy Act 1993
  • Division Six – Guide to RDBA
    • Offers a practical guide to the Recovery of Debts and Bankruptcy Act 1993, covering filing of Original Applications, DRT procedure, DRAT appeals, recovery after orders, tribunal powers, limitation, and RBI directions on stressed assets
  • Division Seven – Recovery of Debts and Bankruptcy Act 1993
    • Contains the complete text of the Act, along with an Arrangement of Sections and a Subject Index
  • Division Eight – Rules
    • Includes the procedural and administrative rules governing DRT and DRAT proceedings, including the Electronic Filing Rules 2020
  • Division Nine – Notifications
    • Compiles relevant Government notifications issued under the Recovery of Debts and Bankruptcy Act
  • Division Ten – Case Laws Digest under RDBA
    • Concludes with a separate case-law digest under the Recovery of Debts and Bankruptcy Act, supporting tribunal practice and appellate work