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TypeBare Act JurisdictionCentral Government

Factoring Regulation Act, 2011, (Central) Section 21

Penalties

~1 min read
https://sooperkanoon.com/act/64033

Bare act section · Research

About this section

Factoring Regulation Act, 2011, (Central) Section 21 is part of Factoring Regulation Act, 2011, (Central) - Penalties. Read the section text below and explore Indian court judgments that cite it.

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Section Text

If a default is made in filing under section 19 the particulars of any transaction of assignment of receivables and realisation of receivables by a factor, such company and every officer of the company who is in default shall be punishable with fine which may extend to five thousand rupees for every day during which the default continues.

Frequently asked questions

What does Factoring Regulation Act, 2011, (Central) Section 21 provide?

Section Section 21 of the Factoring Regulation Act, 2011, (Central) (Penalties) is reproduced on this page as part of the Factoring Regulation Act, 2011, (Central). 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 Factoring Regulation Act, 2011, (Central) Section 21?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Factoring Regulation Act, 2011, (Central) Section 21. 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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