Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
23. Filing of
transactions of securitisation, reconstruction and creation of security
interest. –
The particulars of
every transaction of securitisation, asset reconstruction or creation of
security interest shall be filed, with the Central Registrar in the manner and
on payment of such fee as may be prescribed, within thirty days after the date
of such transaction or creation of security, by the securitisation company or
reconstruction company or the secured creditor, as the case may be:
Provided that the Central
Registrar may allow the filing of the particulars of such transaction or
creation of security interest within thirty days next following the expiry of
the said period of thirty days on payment of such additional fee not exceeding
ten times the amount of such fee.