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TypeBare Act JurisdictionCentral Government

Security Interest (Enforcement) Rules, 2002 Rule 11

Rule 11 Procedure for Recovery of shortfall of secured debt

~1 min read
https://sooperkanoon.com/act/260316

Bare act section · Research

About this section

Security Interest (Enforcement) Rules, 2002 Rule 11 is part of Security Interest (Enforcement) Rules, 2002 - Rule 11 Procedure for Recovery of shortfall of secured debt. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) An application for recovery of balance amount by any secured creditor pursuant to sub-section (10) of S.13 of the 11 Substituted for the word "Ordinance" by Security Interest (Enforcement) Amendment Rules, 2007, w.e.f. 02-02-2007.[Act] shall be presented to the Debts Recovery Tribunal in the form annexed as Appendix VI to these rules by the authorised officer or his agent or by a duly authorised legal practitioner, to the Registrar of the Bench within whose jurisdiction his ease falls or shall be sent by registered post addressed to the Registrar of Debts Recovery Tribunal.

(2) The provisions of the Debts Recovery Tribunal (Procedure) Rules, 1993 made under Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), shall mutatis mutandis apply to any application filed by under sub-rule (1).

(3) An application under sub-rule (1) shall be accompanied with fee as provided in rule 7 of the Debts Recovery Tribunal (Procedure) Rules, 1993.

Frequently asked questions

What does Security Interest (Enforcement) Rules, 2002 Rule 11 provide?

Section Rule 11 of the Security Interest (Enforcement) Rules, 2002 (Rule 11 Procedure for Recovery of shortfall of secured debt) 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 11?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Security Interest (Enforcement) Rules, 2002 Rule 11. 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.

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