Legal Question in Civil Rights Law in
What does SERFESI stand for ? Please let me the details of this term.
Asked on 8/17/10, 3:45 am
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Full form of SERFESI is : The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.
The Act empowers banks / F.I.s to recover their dues by sale of mortgaged assets.
Answered on 8/17/10, 7:40 am
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