INDIA CODE

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Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [A11-2JP]

As at 7 September 2026. In force from 6 February 1994 by S.O. 2460(E) [N12-6S4].

Dates: made 23 July 1993; in force 6 February 1994; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Act 51 of 1993 [A11-2JP]. Machine: A11-2JP.

Sections (63)

Chapter I. PRELIMINARY

Chapter II. COMMISSION

Chapter III. REGULATION OF THE RUNNING OF AN INSTITUTION

Chapter IV. REGULATION OF THE RUNNING OF A COACHING CENTRE

Chapter V. REGULATION OF THE RUNNING OF A HOSTEL

Chapter VI. OFFENCES AND PENALTIES

Chapter VII. MISCELLANEOUS

Section 1. Short title, extent and commencement [S1X-PG6]

Section 2. Definitions [S1X-PH4]

Section 3. Appointment of Commission [S1X-PJ2]

Section 4. Registration of privates tutor [S1X-PK0]

Section 5. Prohibition of the running of a school without licence [S1X-PME]

Section 6. Grant of licence [S1X-PNC]

Section 7. Maintenance of records and furnishing of returns [S1X-PPA]

Section 8. Powers of Registrar [S1X-PQ8]

Section 9. Power to issue directions [S1X-PRP]

Section 10. Power to exempt [S1X-PSM]

Section 11. Registration of institutions [S1X-PTJ]

Section 12. Prohibition of the running of a coaching centre without licence [S1X-PVG]

Section 13. Grant of licence [S1X-PWY]

Section 14. Maintenance of records and furnishing of returns [S1X-PXW]

Section 15. Powers of Registrar [S1X-PYT]

Section 16. Power to issue directions [S1X-PZR]

Section 17. Power to exempt [S1X-Q07]

Section 18. Registration of hostels [S1X-Q15]

Section 19. Prohibition of the giving of private tuition without licence [S1X-Q23]

Section 20. Grant of licence [S1X-Q31]

Section 21. Maintenance of records and furnishing of returns [S1X-Q4F]

Section 22. Powers of Registrar [S1X-Q5D]

Section 23. Power to issue directions [S1X-Q6B]

Section 24. Power to exempt [S1X-Q79]

Section 25. Registration of managements of a school [S1X-Q8Q]

Section 26. Prohibition of the running of an institution without licence [S1X-Q9N]

Section 27. Grant of licence [S1X-QAK]

Section 28. Maintenance of records and furnishing of returns [S1X-QBH]

Section 29. Powers of Registrar [S1X-QCZ]

Section 30. Power to issue directions [S1X-QDX]

Section 31. Power to exempt [S1X-QEV]

Section 32. Registration of coachings centre [S1X-QFS]

Section 33. Prohibition of the running of a hostel without licence [S1X-QG2]

Section 34. Grant of licence [S1X-QH0]

Section 35. Maintenance of records and furnishing of returns [S1X-QJ6]

Section 36. Powers of Registrar [S1X-QK4]

Section 37. Power to issue directions [S1X-QMA]

Section 38. Power to exempt [S1X-QN8]

Section 39. Registration of privates tutor [S1X-QPE]

Section 40. Prohibition of the running of a school without licence [S1X-QQC]

Section 41. Grant of licence [S1X-QRJ]

Section 42. Maintenance of records and furnishing of returns [S1X-QSG]

Section 43. Powers of Registrar [S1X-QTP]

Section 44. Power to issue directions [S1X-QVM]

Section 45. Power to exempt [S1X-QWT]

Section 46. Registration of institutions [S1X-QXR]

Section 47. Prohibition of the running of a coaching centre without licence [S1X-QYY]

Section 48. Grant of licence [S1X-QZW]

Section 49. Maintenance of records and furnishing of returns [S1X-R0Y]

Section 50. Powers of Registrar [S1X-R1W]

Section 51. Power to issue directions [S1X-R2T]

Section 52. Power to exempt [S1X-R3R]

Section 53. Registration of hostels [S1X-R4P]

Section 54. Prohibition of the giving of private tuition without licence [S1X-R5M]

Section 55. Grant of licence [S1X-R6J]

Section 56. Maintenance of records and furnishing of returns [S1X-R7G]

Section 57. Penalty for contravention [S1X-R8E]

Section 58. Offences by companies [S1X-R9C]

Section 59. Appeal [S1X-RAA]

Section 60. Cognizance of offences [S1X-RB8]

Section 61. Protection of action taken in good faith [S1X-RC6]

Section 62. Power to make rules [S1X-RD4]

Section 63. Power to remove difficulties [S1X-RE2]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (6)

Amends: Recovery of Debts Due to Banks and Financial Institutions Act (Amendment) Act, 2024 [A11-W00], 14 November 2024. "section 59 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)".

Amends: Recovery of Debts Due to Banks and Financial Institutions (Amendment) Ordinance, 2012 [A12-E8A], 15 October 2012. "section 55 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)".

Amends: Recovery of Debts Due to Banks and Financial Institutions Act (Amendment) Act, 1999 [A11-5SW], 8 January 1999. "section 59 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993)".

Exempts: Notification S.O. 1135(E), dated 27th June, 1996 [N12-8BR], 27 June 1996. "section 4 of the said Act".

Exempts: Notification S.O. 2482(E), dated 8th March, 1995 [N12-7HG], 8 March 1995. "section 4 of the said Act".

Commences: Notification S.O. 2460(E), dated 1st February, 1994 [N12-6S4], 6 February 1994. "shall come into force".

Not held (0)

none

Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [A11-2JP]