Section 12A : Power of Reserve Bank to call for statements and information. | The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

¹[12A. Power of Reserve Bank to call for statements and information.-- The Reserve Bank may at any time direct a ²[asset reconstruction company] to furnish it within such time as may be specified by the Reserve Bank, with such statements and information relating to the business or affairs of such ²[asset reconstruction company] (including any business or affairs with which such company is concerned) as the Reserve Bank may consider necessary or expedient to obtain for the purposes of this Act.]

1. Ins. by Act 30 of 2004, s. 7 (w.e.f. 11-11-2004).

2. Subs. by Act 44 of 2016, s. 3, for "securitisation company or reconstruction company" (w.e.f. 1-9-2016).

Power of Reserve Bank to Call for Statements and Information.