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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · Chapter II: Regulation of Securitisation and Reconstruction of Financial Assets of Banks and Financial Institutions

Section 12A: Power of Reserve Bank to call for statements and information

The Reserve Bank may at any time direct a [asset reconstruction company] to furnish it within such time as may be specified by the Reserve Bank, with such statements and information relating to the business or affairs of such [asset reconstruction company] (including any business or affairs with which such company is concerned) as the Reserve Bank may consider necessary or expedient to obtain for the purposes of this Act.]

Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.

Supreme Court judgments citing the section 12A

No Supreme Court judgment in our database cites this section yet.