The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · VI — MISCELLANEOUS

Section 32. Protection of action taken in good faith

In force · As amended up to 2026-08

32. Protection of action taken in good faith.— No suit, prosecution or other legal proceedings shall lie against[3] [the Reserve Bank or the Central Registry or any secured creditor or any of its officers] for anything done or omitted to be done in good faith under this Act.

Source: India Code