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TypeBare Act JurisdictionCentral Government

Security Interest (Enforcement) Rules, 2002 Appendix 3

APPENDIX 3 CERTIFICATE OF SALE

~1 min read
https://sooperkanoon.com/act/260321

Bare act section · Research

About this section

Security Interest (Enforcement) Rules, 2002 Appendix 3 is part of Security Interest (Enforcement) Rules, 2002 - APPENDIX 3 CERTIFICATE OF SALE. Read the section text below and explore Indian court judgments that cite it.

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Section Text

[rule-7(2)] CERTIFICATE OF SALE (for movable property) Whereas The undersigned being the authorised officer of the ----------------------------- (name of the institution) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Second) 1[Act], 2002 and in exercise of the powers conferred under Sub-section (12) of Section 13 read with rule 8 of the Security Interest (Enforcement) Rule, 2002 has in consideration of the payment of Rs.------------------- (Rupees --------------------------------) sold on behalf of the -----------------------------------(name of the secured creditor/institution in favour of--------------------(purchaser), the following movable property secured in favour of the ---------------------------(name of the secured creditor) by-------------------------------(the names of the borrowers) towards the financial facility -------------------------(description) offered by------------------------(secured creditor). The undersigned acknowledge the receipt of the sale price 3[of Rs. ________________ (Rupees ____________ only] in full and hand over the delivery and possession of the items listed below. Description of the movable property. Sd/- Authorised Officer Date: Place:

Frequently asked questions

What does Security Interest (Enforcement) Rules, 2002 Appendix 3 provide?

Section Appendix 3 of the Security Interest (Enforcement) Rules, 2002 (APPENDIX 3 CERTIFICATE OF SALE) 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 Appendix 3?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Security Interest (Enforcement) Rules, 2002 Appendix 3. 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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