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PPB Capsule Cards PRO Important Laws Relating t…
Which specific types of assets and conditions are explicitly exempt from seizure and auction under the SARFAESI Act?
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SARFAESI Act Exemptions
Important Laws Relating to Recovery of Dues 36
WA 36
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Under what specific condition regarding the remaining loan balance is a bank prohibited from invoking the SARFAESI Act?
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SARFAESI 20% Residual Rule
Important Laws Relating to Recovery of Dues 34
WA 34
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Under the Recovery of Debts and Bankruptcy Act, what is the minimum pecuniary threshold for a bank to file a recovery suit in the DRT?
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DRT Pecuniary Jurisdiction
Important Laws Relating to Recovery of Dues 33
WA 33
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Under the Insolvency and Bankruptcy Code (IBC) 2016, what is the mandatory maximum timeframe allowed for completing the CIRP?
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IBC 2016 CIRP Timeline
Important Laws Relating to Recovery of Dues 33
WA 33
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What is the statutory limitation period prescribed for filing a suit for the sale of a mortgaged property to recover bank dues?
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Limitation for Mortgage Enforcement
Important Laws Relating to Recovery of Dues 32
WA 32
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If a borrower defaults on an unsecured personal loan of ₹15 Lakhs, which legal forum must the bank approach for recovery?
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Civil Suit threshold
Important Laws Relating to Recovery of Dues 32
WA 32
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What is the legal status and appealability of an award or settlement passed by a Lok Adalat?
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Lok Adalat Award Finality
Important Laws Relating to Recovery of Dues 32
WA 32
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What primary power does the SARFAESI Act grant to banks and financial institutions for the recovery of bad loans?
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SARFAESI Act 2002 Function
Important Laws Relating to Recovery of Dues 30
WA 30
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What is the maximum pecuniary jurisdiction for loan default cases handled by a 'Lok Adalat' organized for debt recovery?
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Lok Adalat Jurisdiction Limit
Important Laws Relating to Recovery of Dues 30
WA 30
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If a borrower feels aggrieved by a bank's property seizure under SARFAESI, what is their primary legal remedy and timeframe?
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SARFAESI Section 17 Appeal
Important Laws Relating to Recovery of Dues 29
WA 29
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Under Section 13(2) of the SARFAESI Act, how many days of statutory notice must a bank give to a defaulting borrower before seizing the asset?
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SARFAESI Section 13(2) Notice
Important Laws Relating to Recovery of Dues 28
WA 28
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Why is the registration of an equitable mortgage with CERSAI absolutely mandatory for banks intending to use the SARFAESI Act?
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CERSAI Registration Mandate
Important Laws Relating to Recovery of Dues 27
WA 27
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What concrete actions can a bank take under Section 13(4) of the SARFAESI Act after the 60-day notice period expires?
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SARFAESI Section 13(4) Measures
Important Laws Relating to Recovery of Dues 24
WA 24
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Who legally heads and presides over the proceedings in a Debts Recovery Tribunal (DRT)?
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DRT Presiding Officer
Important Laws Relating to Recovery of Dues 24
WA 24
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Under the IBC 2016, who assumes control of a corporate debtor once the Corporate Insolvency Resolution Process (CIRP) is initiated?
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IBC Resolution Professional (RP)
Important Laws Relating to Recovery of Dues 24
WA 24
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Which specific bank official is legally authorized to issue notices and take possession of assets under the SARFAESI Act?
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SARFAESI Authorized Officer
Important Laws Relating to Recovery of Dues 23
WA 23
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If a bank auctions a property under SARFAESI but the sale proceeds are insufficient to clear the entire debt, what is the next legal step?
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Shortfall after SARFAESI Sale
Important Laws Relating to Recovery of Dues 23
WA 23
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In the context of the Insolvency and Bankruptcy Code (IBC) 2016, which adjudicating authority handles corporate insolvency proceedings?
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NCLT Jurisdiction under IBC
Important Laws Relating to Recovery of Dues 23
WA 23
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If a borrower wishes to appeal to the Debts Recovery Appellate Tribunal (DRAT) against a DRT order, what mandatory deposit must they make?
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DRAT Appeal Deposit Rule
Important Laws Relating to Recovery of Dues 22
WA 22
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While functioning as a tribunal, what specific powers of a civil court does the Debts Recovery Tribunal (DRT) possess?
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DRT Civil Court Powers
Important Laws Relating to Recovery of Dues 22
WA 22
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Important Laws Relating to Recovery of Dues — JAIIB PPB Capsules

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SARFAESI Act Exemptions Which specific types of assets and conditions are explicitly exempt from seizure and auction under the S… SARFAESI 20% Residual Rule Under what specific condition regarding the remaining loan balance is a bank prohibited from invoking th… DRT Pecuniary Jurisdiction Under the Recovery of Debts and Bankruptcy Act, what is the minimum pecuniary threshold for a bank to fi… IBC 2016 CIRP Timeline Under the Insolvency and Bankruptcy Code (IBC) 2016, what is the mandatory maximum timeframe allowed for… Limitation for Mortgage Enforcement What is the statutory limitation period prescribed for filing a suit for the sale of a mortgaged propert… Civil Suit threshold If a borrower defaults on an unsecured personal loan of ₹15 Lakhs, which legal forum must the bank app… Lok Adalat Award Finality What is the legal status and appealability of an award or settlement passed by a Lok Adalat? SARFAESI Act 2002 Function What primary power does the SARFAESI Act grant to banks and financial institutions for the recovery of b… Lok Adalat Jurisdiction Limit What is the maximum pecuniary jurisdiction for loan default cases handled by a 'Lok Adalat' organized fo… SARFAESI Section 17 Appeal If a borrower feels aggrieved by a bank's property seizure under SARFAESI, what is their primary legal r… SARFAESI Section 13(2) Notice Under Section 13(2) of the SARFAESI Act, how many days of statutory notice must a bank give to a default… CERSAI Registration Mandate Why is the registration of an equitable mortgage with CERSAI absolutely mandatory for banks intending to… SARFAESI Section 13(4) Measures What concrete actions can a bank take under Section 13(4) of the SARFAESI Act after the 60-day notice pe… DRT Presiding Officer Who legally heads and presides over the proceedings in a Debts Recovery Tribunal (DRT)? IBC Resolution Professional (RP) Under the IBC 2016, who assumes control of a corporate debtor once the Corporate Insolvency Resolution P… SARFAESI Authorized Officer Which specific bank official is legally authorized to issue notices and take possession of assets under… Shortfall after SARFAESI Sale If a bank auctions a property under SARFAESI but the sale proceeds are insufficient to clear the entire… NCLT Jurisdiction under IBC In the context of the Insolvency and Bankruptcy Code (IBC) 2016, which adjudicating authority handles co… DRAT Appeal Deposit Rule If a borrower wishes to appeal to the Debts Recovery Appellate Tribunal (DRAT) against a DRT order, what… DRT Civil Court Powers While functioning as a tribunal, what specific powers of a civil court does the Debts Recovery Tribunal…
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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