CONTENTS
1. List of cases referred;
2. List of Abbreviations;
3. Introduction;
Research Methodology;
1.1 Objective of the study;
1.2 The main hypothesis;
1.3 Research Questions;
1.4 Mode of Citation;
1.5 Chapterisation;
4. The dilemma of Non- Performing Assets ailing the Indian banking sector;
2.1 Causative Factors of NPAs;
2.2 Classification of non-performing assets;
2.3 Why should we tackle NPAs?;
2.4 Specialised Legal measures initiated to manage NPAs;
3. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 - An Overview;
3.1 Evolution of the Act;
3.2 The SARFAESI Act, 2002 -An Overview;
3.2.1 Securitization and Reconstruction of Financial Assets;
3.2.2 Enforcement of Security Interest;
3.3 The Act not to be applicable in certain cases (Sec. 31);
3.4 Effect of takeover of management (Sec. 15);
3.5 Directors' personal liability;
3.6 Grievance settlement mechanism and penal provisions;
4. The interface between SARFAESI Act, 2002 and other Statutes;.
4.1 State Financial Corporations Act, 1951;
4.2 DRT Act, 1993;
4.3 Companies Act, 1955;
5. Constitutionality of the Act;
5.1 Doctrine of election;
6. Securitisation- Concept & Procedure;
6.1 Parties to Securitisation;
6.2 Process of Securitisation;
6.3 Impact on Banking;
7. Asset Reconstruction Companies;
7.1 ARCs- The Global Scenario;
7.2 ARCs- The Indian experience;
8. SARFAESI Act, 2002- A Critical Analysis;
9. Conclusion and Suggestions;
10. Bibliography;
11. Annexure I.