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CERSAI's was created to maintain a central registry of mortgages, where it contains the mortgage taken on a property along with certain details. CERSAI's mandate was extended in 2012 to start registration of security interests created through assignment of accounts receivables or factoring , through the passage of the Factoring Act, 2012.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (also known as the SARFAESI Act) is an Indian law.It allows banks and other financial institutions to auction residential or commercial properties of defaulters to recover loans. [1]
From November 12, 2013, the requirement of submitting information to CERSAI has been extended to all institutions and banks that are not covered by SARFAESI Act, 2002. The information to be submitted in respect of all the Equitable Mortgages created in favor of the institution on and from 31.03.2011.
The 1957 Hindi film Mother India was India's first submission. The film made it to the final shortlist and was nominated alongside four other films in the category. [ 8 ] It came close to winning the Academy Award but lost to Nights of Cabiria by a single vote. [ 9 ]
Three people have been charged with selling forged Jason Kelce memorabilia worth approximately $200,000, authorities in Pennsylvania said. Robert Capone, 51, of Philadelphia; LeeAnn Branco, 43, of ...
The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank) known as SVC Cooperative Bank Limited, is a scheduled bank in India that was established in 1906, being registered as a Co-operative Credit Society on 27 December 1906.
Terence Lewis (born 10 April 1975) is an Indian dancer, singer and choreographer. He is known for judging the reality dance shows Dance India Dance (2009–2012) and Nach Baliye (2012–2017).
[7] [8] [9] In 2023, the Hindi film industry accounted for 44% of box office revenue, followed by the Telugu industry at 19% and the Tamil industry at 16%. The Kannada (5%), Malayalam (3%), Bengali , Marathi , Odia , Punjabi , Gujarati and Bhojpuri industries contributed to the remainder, while the foreign film industry made up 9% of the total ...