Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 · Chapter VI: Miscellaneous
Section 37: Application of other laws not barred
The provisions of this Act or the rules made thereunder shall be in addition to, and not in derogation of, the Companies Act, 1956 (1 of 1956), the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993) or any other law for the time being in force.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 37
- Magnum Steels Ltd & Ors v. Asset Reconstruction Company (India) Ltd. & Anr
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The Authorised Officer, Central Bank of India v. Shanmugavelu
(i)Whether, the underlying principle of Section(s) 73 & 74 respectively of the Contract Act, 1872 Act is applicable to forfeiture of earnest-money deposit under Rule 9(5) of the SARFAESI Rules. In other words, whether…
- Celir Llp v. Bafna Motors (Mumbai) Pvt.
- Authorised Officer State Bank of India v. C. Natarajan & Anr
- S. Karthik & Ors. v. N. Subhash Chand Jain & Ors.
- Forum for People’S Collective Efforts (Fpce) & Anr. v. The State of West Bengal & Anr.
- A. Navinchandra Steels Private Limited v. Srei Equipment Finance Limited & Ors.
- Shakeena & Anr. v. Bank of India & Ors.
- Indiabulls Housing Finance Limited v. M/S. Deccan Chronicle Holdings Limited and Others
- M. D. Frozen Foods Exports Pvt. Ltd. & Ors. v. Hero Fincorp Ltd.
- M/S Madras Petrochem Ltd. & Anr v. Bifr& Ors.
- Mathew Varghese v. M. Amritha Kumar & Ors.