Banking and Insurance SARFAESI and Debts Recovery Law Manual 2026

SARFAESI & Debts Recovery Law Manual is a comprehensive, practice-first reference that consolidates, within a single, navigable volume, the complete legal and procedural framework for secured-creditor enforcement and tribunal-based debt recovery in India. It is built around the two principal recovery regimes used in banking and stressed-asset work:

• The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI)—covering enforcement of security interest, possession and sale of secured assets, securitisation/asset reconstruction, and the Central Registry (CERSAI) ecosystem; and
• The Recovery of Debts and Bankruptcy Act 1993 (RDBA)—covering the functioning of Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs), original applications, appellate practice, recovery execution, and related delegated legislation

The Manual is intentionally organised as a two-book law manual (Book One: SARFAESI; Book Two: RDBA). Each book follows a consistent pattern – Practical Guide → Statutory Text (with arrangement and index) → Rules (with formats and fees) → Circulars/Directions/Notifications/Orders → Case-Law Digest—so the reader can move seamlessly from concept to execution to litigation support without consulting multiple sources.

This Manual is designed for stakeholders who need accuracy, procedural certainty, and speed in recovery and enforcement matters:

• Banks/Financial Institutions/NBFCs (legal, recovery, compliance, and stressed assets teams) executing SARFAESI measures and DRT filings
• Asset Reconstruction Companies (ARCs) & Professionals working on securitisation/asset reconstruction and RBI-facing obligations (including reporting and governance requirements reflected in the included directions)
• Advocates & Law Firms handling SARFAESI notices, possession actions, auctions, borrower challenges, DRT/DRAT litigation, and appellate strategy
• Authorised Officers & Recovery Personnel responsible for rule-compliant possession/sale documentation (where format and timelines are critical)
• Tribunals ecosystem users—presiding officers, recovery officers, registry teams—who need the statute, rules, and procedural instruments in one place, including e-filing rules.