Section 12A: Power of Reserve Bank to call for statements and information.

Q: What does Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) deal with?

Section 12A SARFAESI pertains to "Power of Reserve Bank to call for statements and information.". It is part of the The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, a legislation enacted by the Parliament of India. Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) governs power of Reserve Bank to call for statements and information. As verified on 19 May 2026.

Q: Is Section 12A SARFAESI still in force?

Yes, Section 12A of the The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 is currently in force across the Republic of India.

Q: What is धारा 12A SARFAESI?

धारा 12A SARFAESI is the Devanagari Hindi reference for Section 12A of the The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) governs power of Reserve Bank to call for statements and information. As verified on 19 May 2026.

Q: What is Dhara 12A SARFAESI?

Dhara 12A SARFAESI is the Roman Hindi reference for Section 12A of the The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. "Dhara" means "Section" in Hindi. Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) governs power of Reserve Bank to call for statements and information. As verified on 19 May 2026.

Q: How to cite Section 12A of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002?

Cite as: "Section 12A, The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI)" in legal briefs. For academic writing, use the BlueBook format: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, § 12A (India).

Law on Tips Editorial Board

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).