Lesson 22 - SARFAESI ACT 2002 | CR | CS PROFESSIONAL
The SARFAESI Act was passed on December 17, 2002, in order to lay down processes to help Indian lenders recover their dues quickly. The SARFAESI Act essentially empowers banks and other financial institutions to directly auction residential or commercial properties that have been pledged with them to recover loans from borrowers. Before this Act took effect, financial institutions had to take recourse to civil suits in the courts to recover their dues, which is a lengthy and time-consuming process.
As per the SARFAESI Act, if a borrower defaults on a loan financed by a bank against collateral, then the bank gets sweeping powers to recover its dues from the borrower. After giving a notice period of 60 days, the lender can take possession of the pledged assets of the borrower, take over the management of such assets, appoint any person to manage them or ask debtors of the borrower to pay their dues too, with respect to the asset. This recovery procedure saves banks and financial institutions a lot of time which otherwise would be long drawn out due to the intervention of courts
THIS VIDEO IS RELEVANT ALSO FOR CA FINAL, CS PROFESSIONAL AND CMA FINAL.
Jahangir Tutorials - Exclusively for Company Secretary Course
Provides the Best Online Classes For CSEET, CS Executive & CS Professional
Lectures are by Renowned Faculties who cover topics and chapters in a precise way covering the practical aspects as well.
~ English Lectures are also Available ~
To Purchase the Lectures -
Visit Our Site :- www.jahangirtutorials.com or
Download Link our Mobile App
App Link :-
bit.ly/3Avq3Ge
App Name :- “Jahangir Tutorials”
For Any Queries & Information
Click The Link Below to contact our Team directly.
@ bit.ly/3nQZhmD
Also You can Contact Us (Call / What’s App)
📞 7021855052 / 9769297903
For FREE Videos & Updates subscribe to our following Social Media Platforms
What’s App Group :
CS EET -
chat.whatsapp.com/JIalDpo87K0...
CS Executive -
chat.whatsapp.com/DZvdfhea69y...
chat.whatsapp.com/LIz8NtMVJZo...
chat.whatsapp.com/HQvZblikWBF...
CS Professional -
chat.whatsapp.com/HQvZblikWBF...
Telegram -
telegram.me/jahangirtutorials
KZread :
Jahangir Tutorials - KZread
~ Enjoy Learning Like Never Before ~
#cseet #csexecutive #csprofessional #bestclassesforcs #jahangirtutorials #companysecretaryclasses #bestonlineclassesforcs #bestclassesforcompanysecretary #onlinelecturesforcs #bestclassesforcseetcsexecutivecsprofessional #csexecutive #csstudents #icsi#icsistudent #csexecutivenewsyllabus #csstudentsindia #csstudy #icsicommunity #csvideoclasses #csonlineclasses #companysecretary #CSfinal #csprofessional #cslife #csvideolectures #cseet #icsi #icsiofficial #csstudentlife #csexam #csmotivation #csexecutive #csdreams #cseetstudents #csmotivationhub #csexams #csexamtip #covid19 #csprofessionalicsi #icsiexams #csstudentlife #csexam #csmotivation #csprofessional #csstudentss #csexecutive #icsi #companysecretary #csfoundation #icsi #ICSI #cs #CSEET #cscoachingclasses #cspendriveclasses #csclasses #bestcsacademy #csacademypune #proudcsstudent #bestcareerafter12th #bestcareerincommerce #careerwithbcom #csmarathon #cseettestpaper #eettest #csclasses #csstudents #csmotivation #commercememes #commercestudents #companysecretary #cseetvideolectures #english #csprofessionalonlinelectures #csexecutiveonlinelectures
#Company Secretary #CS English #CompanySecretaryEnglish #CSEnglish#CSBanglore
#CSTamilNadu
Пікірлер: 72
Join Telegram Group - “Jahangir Tutorials” Link for Telegram Group - telegram.me/jahangirtutorials Join What’s app Group CS Executive - chat.whatsapp.com/DZvdfhea69y1Ag4S5JZHtn chat.whatsapp.com/LIz8NtMVJZo... chat.whatsapp.com/HQvZblikWBF... CS Professional - chat.whatsapp.com/HQvZblikWBF...
You have covered all the relevant topics very intensively. Many thanks. First timer's will also understand.
This video need to be viral , thanks a lot sir.... 🙏🙏
Awesome as usual..... a faculty which is boon to CS professional students ♥️♥️♥️
Really grateful to you sir! You deserve so much applause for all your efforts! Hats off to you🤗
@jahangirtutorials
3 жыл бұрын
Thanks you so much very inspiring ....wish you best wishes for all your endeavours ...Good luck n thanks once again ☺️
Itne lengthy chapter ko aapne ese pdaya he jese chhota sa chapter ho or koi bhi definition yaad krne ki zrurt nhi he chize apne aap samjh aa gai..... Thank u so much please keep helping us always like this.... Lot of respect for you 😇🙏
@jahangirtutorials
2 жыл бұрын
Thank you so much for your beautiful and kind words :)
@anjalivirat8688
2 жыл бұрын
😇🙏🙏
Excellent Sir
This was so good and anyone can easily understand it. Really Appreciate.. Thank you. 🙏🏼
Thank you brother…gob bless!
Thank you sir....for explaining the SARFAESI Act in detail...It was much useful....
@jahangirtutorials
2 жыл бұрын
Most Welcome ...Stay Connected in our Whats app and Telegram Group :)
Very helpful chief.. After watching this video only, I came to know that this act has 2 parts... I don't know y u tube didn't recommend this video for last 2days... U r the master, master the blaster chief.
@jahangirtutorials
3 жыл бұрын
Thanks a lot keep watching any difficulty let me know 😊
@nithinkuruvilla2954
3 жыл бұрын
@@jahangirtutorials Chief, I would like to do a detailed study about sarfesi, IBC and all other important laws related to recovery..
@jahangirtutorials
3 жыл бұрын
@@nithinkuruvilla2954 Sure you are doing CS ?
@nithinkuruvilla2954
3 жыл бұрын
@@jahangirtutorials No chief.. I am pursing career in recovery😂...working with a leading bank. Unfortunately didn't get any opportunity to explore with recovery laws. But i will get in near future... Your videos help me to understand the basics...
@jahangirtutorials
3 жыл бұрын
@@nithinkuruvilla2954 Great to hear that.... 1) Sarfaesi 2) Drt n 3) IBC are the 3 major laws. Video of all section wise is put up. The practical part for IBC like court room appearance and court craft is learnt on the field. That you won't get in books . Like I had appeared in NCLT for IBC cases the procedural part is learnt on field. Even for SARFAESI when my client got section 13 notice experience in tackling case was quite intriguing. 😊
Awesome explanation sir, easy to revise the whole topic in 1.5 hour, it helps alot
@jahangirtutorials
3 жыл бұрын
Thank you so much.....glad to hear that all the best for your exams😊
Ultimate way of explanation sir. Thank you so much ❤️ for this lecture. It really helps a lot 🙂
Sir, Your teaching is in the professional level, exactly how a professional student wants, unlike other teachers who spend too much unnecessary time on one topic. You gave the brief of the chapter in the best way possible. I'm in love with this video sir, because I thought of skipping this chapter, but you made me now feel this is an easy chapter. I love your teaching sir, I just loved this. Keeping this as base, please upload chapter wise videos,, the same way of this video, kindly request you sir. I'll tell all my friends to follow, already shared this video to all my friends.. Once again sir,, professional level teaching, just loved it ❤️
@jahangirtutorials
Жыл бұрын
Thanks a lot for your lovely comments glad you liked it. Do join our what's app group for CS Professional & our telegram group. We are gearing up for the coming exam revision lecture.
Amazing! As usual
Thank u Sir ji
Itne din se darr se ye chptr touch nh kr rhe the bt after watching this video confidence aaya iss chptr ko lke v Bt drt wala portion v complete krwa dete to it was much bttr Still it was worth watching ❤️❤️
@jahangirtutorials
Жыл бұрын
Thank you so much for appreciating Do join our whats app n telegram group ... :)
very helpful. Thank you sir !!
Awesome sir....🤗
Appreciate your efforts bhaiya,Good luck and best wishes for your future prospective endeavours,Hare krishna Bhaiya,your efforts are similar to VIDHYA DAN(DONATION OF KNOWLEDGE) ,I will always be indebted to your efforts.Thanks.
@jahangirtutorials
Жыл бұрын
Thank you so much ... do join our whats app and telegram groups :)
Appreciated lecture! Thanks❤️
@jahangirtutorials
3 жыл бұрын
Tysm 😊
thank you so much sir. you are doing great help sir. please upload more vedios of corporate restructuring , if possible.
Explanation...✌✌✌💯💯💯
Hello sir great video Expecting video on 1)fasttrack insolvency( lesson 6 of elective subj) 2)bankruptcy order for individual and partnership firms (lesson 14 of insolvency lae and practices -elective subject ) 3)bankruptcy for individual and partnership firms (lesson 15 of insolvency law and practices -elective subject )
@jahangirtutorials
3 жыл бұрын
Thanks for your appreciation means a lot ☺️ The topics are covered by me you can check my playlist. If you don't get let me know il send u the link. ☺️
@jahangirtutorials
3 жыл бұрын
kzread.info/dash/bejne/aJyhs6d6csuwmaw.html
@mahishah1621
3 жыл бұрын
Could you plz send me link of fast track insolvency? N can u plz share ur e-mail I'd or contact no. in case any doubt relating to subject?
@jahangirtutorials
3 жыл бұрын
@@mahishah1621 sure would be glad to help... email id - zubair@jahangirassociates.com
Sir, very well explained. Could you please clarify the following: (i) Lok Adalats deal with with borrowers who are either corporate/individuals/partnership firms (secured or unsecured) - (upto 20 L) (ii) RDDBFI, 1993 only deals with borrowers who are individuals and partnership firms (secured or unsecured) - (more than 20 L) (iii) SARFAESI deals with borrowers who are either corporate/individuals/partnership firms (secured) - (more than 1 L) Thanks a lot
Best lectures...
Absolutely amazing sir, such an amazing explanation..too good.. Also are there any pendrive classes of this subject!?
Thank sir ......🙏🙏🙏🙏
very very gud explantion
It was a great help..thnq sir
@jahangirtutorials
3 жыл бұрын
Im glad tysm 😊😊😊
@nishigupta4837
3 жыл бұрын
Please make a video on valuation chapters
Thank you sir 😊
❤️❤️
Good explanation sir
@jahangirtutorials
3 жыл бұрын
Thank you so much for conveying . Good luck ☺️
Sir are you covering all the lesson and all the subject in the channel??
❤️❤️❤️❤️
@jahangirtutorials
3 жыл бұрын
Thank you so much for your love and support ...All the best for exams :)
Thank you so much sir🙏🙏😀
@jahangirtutorials
3 жыл бұрын
Most Welcome :)
Gr8 explanation .. plss explain all d chapters of CR
@nidhimandovra5183
3 жыл бұрын
Sir plss explain all the chapters
@jinfin221
2 жыл бұрын
CR??
sir please upload all chapter of cr and corporate disputes cs professional papers for dec 21 attempt..
Shall I use this note for mba
@jahangirtutorials
2 жыл бұрын
Yes
Sir want to purchase classes...pls guide
Net owned funds of ARC ahould be 2 cr or 200cr
@jahangirtutorials
Жыл бұрын
200 crs till 2024 then to be raised to 300cr by 2026 . as per RB latest Notification
Sir section 18B is omitted or not
@jahangirtutorials
3 жыл бұрын
Yes not important.....Sec 18C - Caveat is important
Instructor has insufficient memory . Why use vijay mallia name. ??? Public money is loooted as bank loan by Neerav modi and some other also. I am not supporting v. Mallia. Avoiding others name is to protect or legalize?