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Date: 2020-03-02 Category: Extra Ordinary State: Union Government Country: India

Shri Suchindra Misra Joint Secretary in the Department of Financial Services Ministry of Finance

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, S.O. 931(E), issued by the Ministry of Finance, Department of Financial Services, Government of India on March 2, 2020, designates Shri Suchindra Misra, Joint Secretary in the Department of Financial Services, as the authority to decide appeals of Asset Reconstruction Companies under subsection 2 of section 4 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002). This notification is for general information and was issued under F. No. 31522019 DRT by Under Secretary Subhashchandra Amin.

Key Entities Referenced

Ministry of Finance: A department of the Government of India responsible for financial matters. Department of Financial Services: A department within the Ministry of Finance. New Delhi: The capital city of India, where the notification was issued. Suchindra Misra: Joint Secretary in the Department of Financial Services, Ministry of Finance. Central Government: The government of India. Asset Reconstruction Company: A company that acquires and manages distressed assets. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002: An act of the Indian Parliament that facilitates the securitization and reconstruction of financial assets and the enforcement of security interests. Subhashchandra Amin: Under Secretary.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एलxx.x-GअI.D-E0x2x0x 32020-216500 CG-DL-E-02032020-216500 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 837] नई ददल्ली, सोमिार, माच च2, 2020/फाल्ग नु 12, 1941 No. 837] NEW DELHI, MONDAY, MARCH 2, 2020/PHALGUNA 12, 1941 जित्त मत्रं ालय (जित्तीय सिे ाएं जिभाग) अजधसचू ना नई ददल्ली, 2 माच,च 2020 का.आ. 931(अ).—जित्तीय आजस्ट्तयों का प्रजतभूजतकरण और पुनगचठन तथा प्रजतभजू त जहत का प्रितचन अजधजनयम, 2002 (2002 का 54) की धारा 4 की उप-धारा (2) के अंतगचत केन्द्रीय सरकार, श्री सुजचन्द्र जमश्रा, संयुक्त सजचि, जित्तीय सेिाए ं जिभाग, जित्त मंत्रालय, भारत सरकार को आजस्ट्त पुनगचठन कंपनी की अपील के संबंध म ें जनणचय लेने के जलए नाजमत करती ह।ै इसे आम सचू ना के जलए प्रकाजित दकया िाता ह।ै [फा. सं. 31/52/2019-डीआरटी] सुभाषचन्द्र अमीन, अिर सजचि 1208 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 2nd March, 2020 S.O. 931(E).—Shri Suchindra Misra, Joint Secretary in the Department of Financial Services, Ministry of Finance, Government of India is designated by the Central Government to decide the appeal of an Asset Reconstruction Company under the provisions of sub-section (2) of section 4 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002). This is published for general information. [F. No. 31/52/2019 –DRT] SUBHASHCHANDRA AMIN, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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