Skip to content
Try for free

Statute → case law

See how courts applied this provision

Jump to judgments under this act, then open an AI Brief on any order. Semantic Search helps you ask in plain English.

  • AI Brief & Ask
  • Semantic AI Search
Try free for 7 days Explore AI Studio

Credentials emailed - log in to pick up where you left off.

TypeBare Act JurisdictionCentral Government

Security Interest (Enforcement) Rules, 2002 Rule 5

Rule 5 Valuation of movable secured assets

~1 min read
https://sooperkanoon.com/act/260310

Bare act section · Research

About this section

Security Interest (Enforcement) Rules, 2002 Rule 5 is part of Security Interest (Enforcement) Rules, 2002 - Rule 5 Valuation of movable secured assets. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Find citing judgments Supreme Court, High Courts & tribunals Advanced act search Filter by court, year, and more

Section Text

After taking possession under sub-rule (1) of rule 4 and in any case before sale, the authorised officer shall obtain the estimated value of the movable secured assets and thereafter, if considered necessary, fix in consultation with the secured creditor, the reserve price of the assets to he sold in realisation of the dues of the secured, creditor.

Frequently asked questions

What does Security Interest (Enforcement) Rules, 2002 Rule 5 provide?

Section Rule 5 of the Security Interest (Enforcement) Rules, 2002 (Rule 5 Valuation of movable secured assets) is reproduced on this page as part of the Security Interest (Enforcement) Rules, 2002. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Security Interest (Enforcement) Rules, 2002 Rule 5?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Security Interest (Enforcement) Rules, 2002 Rule 5. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial
1M+ judgments indexed

Brief any judgment in 18 sections.

Search Supreme Court, High Courts, and tribunals - then open an AI Brief on any result. Core search is free; full AI desk free for 7 days.

Start 7-day free trial - no card Talk to Sales