Factoring Regulation Act, 2012 [A11-GB3]
As at 7 September 2026. In force from 16 December 2012.
Sections (32)
Chapter I. PRELIMINARY
Chapter II. RESERVE BANK
Chapter III. OFFENCES AND PENALTIES
Chapter IV. MISCELLANEOUS
Section 1. Short title, extent and commencement [S26-7KX]
Section 2. Definitions [S26-7MK]
Section 3. Appointment of Reserve Bank [S26-7NH]
Section 4. Registration of financials institution [S26-7PQ]
Section 5. Prohibition of the enforcement of security interest without licence [S26-7QN]
Section 6. Grant of licence [S26-7RB]
Section 7. Maintenance of records and furnishing of returns [S26-7S9]
Section 8. Powers of authorised officer [S26-7TF]
Section 9. Power to issue directions [S26-7VD]
Section 10. Power to exempt [S26-7W3]
Section 11. Registration of bankings company [S26-7X1]
Section 12. Prohibition of the borrowing of money without licence [S26-7Y7]
Section 13. Grant of licence [S26-7Z5]
Section 14. Maintenance of records and furnishing of returns [S26-807]
Section 15. Powers of authorised officer [S26-815]
Section 16. Power to issue directions [S26-823]
Section 17. Power to exempt [S26-831]
Section 18. Registration of depositors [S26-84F]
Section 19. Prohibition of the business of a financial institution without licence [S26-85D]
Section 20. Grant of licence [S26-86B]
Section 21. Maintenance of records and furnishing of returns [S26-879]
Section 22. Powers of authorised officer [S26-88Q]
Section 23. Power to issue directions [S26-89N]
Section 24. Power to exempt [S26-8AK]
Section 25. Registration of secureds creditor [S26-8BH]
Section 26. Penalty for contravention [S26-8CZ]
Section 27. Offences by companies [S26-8DX]
Section 28. Appeal [S26-8EV]
Section 29. Cognizance of offences [S26-8FS]
Section 30. Protection of action taken in good faith [S26-8G2]
Section 31. Power to make rules [S26-8H0]
Section 32. Power to remove difficulties [S26-8J6]
Made under
No recital of a power is printed.
Acts on (0)
none
Acted on by (1)
Exempts: Notification S.O. 1336(E), dated 24th June, 2020 [N12-KEH], 24 June 2020. "section 4 of the said Act".
Not held (1)
"section 3 of the Reserve Bank of India Act, 1934"