Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
42. Repeal and
saving.-
1.
The
Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest Ordinance, 2002 (2 of 2002) is hereby repealed.
2.
Notwithstanding
such repeal, anything done or any action taken under the said Ordinance shall
be deemed to have been done or taken under the corresponding provisions of this
Act.