The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), was introduced to empower banks and financial institutions with a streamlined process to recover secured debts. By enabling lenders to enforce their security interests without requiring initial court intervention, the Act has been a https://dallasnqojc.webbuzzfeed.com/32749359/sarfaesi-act-2002-simplifying-debt-recovery-for-financial-institutions