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Clear all pending applications under SARFAESI Act within 60 days: Finance Deptt to DMs in J&K

Clear all pending applications under SARFAESI Act within 60 days: Finance Deptt to DMs in J&K

Dec 05, 2020, at 10:32 pm

Srinagar:  Finance department has written to all District Magistrates of Jammu and Kashmir to coordinate with banks, financial institutions in recovering dues from defaulters and clear all the pending applications u/s 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI Act) within the prescribed period of 60 days.