What are the provisions that does not apply to SARFAESI Act ........

Professional Legal Knowledge SARFAESI Act

What are the provisions that does not apply to SARFAESI Act.

a lien on any goods, money or security given by or under the Indian Contract Act, 1872

a pledge of movables within the meaning of section 172 of the Indian Contract Act, 1872

creation of any security in any aircraft under Aircraft Act, 1934.

all of the above.

Provisions of this Act not to apply in certain cases.

(a) a lien on any goods, money or security given by or under the Indian Contract Act, 1872

(b) a pledge of movables within the meaning of section 172 of the Indian Contract Act, 1872

(d) any rights of unpaid seller under section 47 of the Sale of Goods Act, 1930

(e) any security interest created in agricultural land.

(f) any case in which the amount due is less than twenty per cent. of the principal amount and interest thereon.

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