Valuation Under SARFAESI Act 2002
What Is Valuation Under SARFAESI Act?
As per SARFAESI Act, 2002 and Rule 8(5) of Security Interest (Enforcement) Rules, 2002, before affecting sale of property, authorised officer is required to obtain valuation of property from an approved valuer.
According to this act, a few rules are stated to protect and retain the loan assigned by various banks.
Many are adhered to using this act for variations as they are the revised versions. However, the SARFAESI act doesn't provide that appealing results when compared to the traditional approach. But, it has its way to amuse the current trend of valuation.
SUBCRIBE OUR NEWSLETTER
Won many Acclamations Award from reputed Insitution and Societies
Email Us : email@example.com
Call Us : (0120) 4110117, 4324647, +91-9958632707
Address : D-39, 2nd Floor, Sector-2, Noida-201301