Section 18A of Sarfaesi Act - Validation of fees levied

Section 18A* of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 : Validation of fees levied

Any fee levied and collected for preferring, before the commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004, an appeal to the Debts Recovery Tribunal or the Appellate Tribunal under this Act, shall be deemed always to have been levied and collected in accordance with law as if the amendments made to sections 17 and 18 of this Act by sections 10 and 12 of the said Act were in force at all material times.

 

 

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*Ins. by s. 13, ibid. (w.e.f. 11-11-2004)