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Bank Support Banking Law

Can Different Authorized Officers issue the 13 (2) and 13 (4) ?

by Banker March 29, 2023 Bank Support, Banking Law1 Comment

As per Section 13(12) of SARFAESI Act, there is no restriction on territorial jurisdiction of Authorized Officers (AO).   Any part of action (i.e. measures) can be performed by any or different designated Authorized Officers. It is not necessary to mention name of the officer whoever performs the action under Sec.13 of the Act.  Rule 2(a) […]

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