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Section 32

Protection of Action Taken in Good Faith.

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
No suit, prosecution or other legal proceedings shall lie against 1[the Reserve Bank or the Central Registry or any secured creditor or any of its officers] for anything done or omitted to be done in good faith under this Act.




1. Subs. by Act 44 of 2016, s. 24, for "any secured creditor or any of his officers or manager exercising any of the rights of the secured creditor or borrower" (w.e.f. 1-9-2016).