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The government on Monday moved the
Enforcement of Security Interest and Recovery of Debts Laws Amendment Bill 2016
in the Lok Sabha for consideration and passing. The Total Investment &
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The Bill seeks to amend the Securitisation
and Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002, the Recovery of Debts due to Banks and Financial Institutions Act,
1993, the Indian Stamp Act, 1899, and the Depositories Act, 1996. The Total Investment &
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Finance Minister Arun Jaitley moved the Bill.
The Bill was introduced in the Lok Sabha
during last budget session and was referred to a Parliamentary Joint Committee. The Total Investment &
Insurance Solutions
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