ANDHRA PRAGATHI GRAMEENA BANKHEAD OFFICE : KADAPA

Circular.178-2011-BC-CSRD Dt:.30.06.2011

ESTABLISHMENT OF CENTRAL REGISTRY UNDER THE PROVISIONS OFSECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS ANDENFORCEMENT OF SECURITY INTEREST ACT 2002 (SARFAESI ACT)

Pursuant to the announcement made by the Finance Minister in the budget speech for 2011-12, Government of India, Ministry of Finance notified the establishment of Central Registry. The objective of setting up of Central Registry is to prevent frauds in loan cases involving multiple lending from different banks on the same immovable property. This Registry has become operational on March 31,2011. The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), a Government company licensed under section 25 of the Companies Act 1956 has been incorporated for the purpose of operating and maintaining the Central Registry under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). A copy of the notification issued by the Government of India is enclosed as Annexure-I.

Initially, transactions relating to securitization and reconstruction of financial assets and those relating to mortgage of deposit of title deeds to secure any loan or advances granted by banks and financial institutions, as defined under the SARFAESI Act, are to be registered in the Central Registry. The records maintained by the Central Registry will be available for search by any lender or any other person desirous of dealing with the property. Availability of such records would prevent frauds involving multiple lending against the security of same property as well as fraudulent sale of property without disclosing the security interests over such property. Under the provisions of section 23 of the SARFAESI Act, particulars of any charge creating security interest over property is required to be filed with the Registry within 30 days from the date of creation.

The provisions of SARFAESI Act as of now provides for registration of mortgages after the formation of Central Registry only i.e., registration system is not permitted to be made operative retrospectively to cover any subsisting mortgages to clear loans and advances already sanctioned and outstanding as on the date of establishment of the Central Registry. However a proposal to amend the Act for the purpose of inclusion of existing mortgages is under consideration and after such amendment, Banks will be required to file information relating to all subsisting mortgages. Further, initially it is proposed to extend the registration system to mortgage by deposit of title deeds. Hence the rules prescribe the forms for filing particulars of mortgage by deposit of title deeds to clear loans and advances mortgaged by the Bank as defined under the provisions of the SARFAESI Act. Section 20 of the SARFAESI Act dealing with Central Registry shall be in addition to and not in derogation of any of the provisions contained in the Registration Act 1908 (16 of 1908), Companies Act 1956 (1 of 1956), the Mercantile Shipping Act 1954 (44 of 1954), the Patents Act 1970 (39 of 1970), the Motor Vehicles Act 1988 (59 of 1988) and Designs Act 2000 (16 of 2000) or any other law requiring registration of charges and shall not affect the priority of charges or the validity from all under those Act or law.

Cir.No.178-2011-BC-CSRD dt.30.06.2011

The above provision makes it clear that the validity of the charge / mortgage is not to be decided in accordance with the provisions of the SARFAESI Act. Such validity and priority has to be decided in accordance with the law under which the charge / mortgage is created and registered if required.

The object of the registration system is to compile the data relating to secured transactions which can be searched by any person on payment of fees prescribed. The registration helps the lenders to avoid multiple financing against the same asset. The right to enforce security is not linked to such registration. Hence such enforcement can be done even if there is no registration.

Under the Central Registry Rules 2011, forms for registration to mortgage by deposit of title deeds and securitization and asset reconstruction transactions have been prescribed. In regard to other category of security interest over property such as hypothecation of goods or hypothecation of plant and machinery of other type or mortgage of immovable property, no forms have been prescribed by the Rules. Hence for the present, it is required to file only information in relation to mortgage by deposit of title deeds with the Registry .

Under the provisions of Section 23 of the SARFAESI Act, particulars of any charge creating security interest over the property is required to be filed with the Registry within 30 days from the date of creation. The establishment of the Central Registry is effective from 31.3.2011 and the requirement of filing registration of mortgage by deposit of title deeds would therefore become applicable in respect of all mortgages created on or after this said date. It may be noted that 30 days time from the date of creation of mortgage by UREM is given for registration without penalty with a nominal charge of Rs.500/- for loans above Rs. 5 lakhs and Rs.250/- for loans upto Rs. 5 lakhs which has to be collected from the borrower/mortgager. Details of charges is given in TABLE in Annexure I (d) .

The process of registration of transactions of securitization, asset reconstruction and creation of security interest would be carried out through the portal of Central Registry which can be accessed on the internet. The URL of this web portal is www.cersai.org.in We have registered with CERSAI and a USER ADMINISTRATOR is created at Regional Offices. The User Administrator will authorize Officers at ROs to access the Central Registry for various purposes and only the Authorized users will have access to this system. There is a Central Help Desk Team of CERSAI and the contact details of the help desk team are available on the web portal. The Help Desk Team will assist in trouble shooting in technical and functional areas through telephonic /Email support. The fee for each registration has to be paid at the time of registration. CERSAI has sought for advance payment and fees payable would be adjusted from the advance payable account on a monthly basis. The amount of fees collected from the borrower/mortgager should be credited to a GL Head "CENTRAL REGISTRY FEES". GL Code number will be intimated separately.

Cir.No.178-2011-BC-CSRD dt.30.06.2011

In order to facilitate filing of particulars of equitable mortgages with the Central Registry, the name of the Nodal Officer nominated in the Regional Office shall be communicated to all branches/offices in the Region. ROs after issuance of user IDs can directly file the particulars of mortgages with the Central Registry. All the data relating to mortgage by deposit of title deeds is to be in the format prescribed by Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Rules 2011.

FORM I - IV are enclosed as per ANNEXURE II.

ANNEXURE II - FORM I - for Creation and modification of charge. ANNEXURE II - FORM II - for Satisfaction of chargeANNEXURE II - FORM III - for Securitization or Reconstruction of Financial Assets ANNEXURE II - FORM IV -for Satisfaction of Securitization or Reconstruction of

Financial Assets

Annexure-II Form III & IV are not applicable to our Bank as on date.

ALL SANCTIONING AUTHORITIES SHOULD NOTE TO INCLUDE REGISTRATION OF UREMS WITH THE CENTRAL REGISTRY AND COLLECTION OF CHARGES THEREON AS A CONDITION OF SANCTION.

In the format prescribed under the Rules, clause 8 of Form I as per Annexure II, relating to description of property, requires information about the latitude and longitude of the location of the property. Hence valuers who value the property may be instructed to record the latitude and longitude by using a machine which is available in the market. Branches are advised to obtain valuation including the latitude and longitude of the property as this would facilitate proper identification of the property.

All concerned should note that all mortgages are to be invariably registered within a period of 30 days as provided under the Rules. Any delay beyond 30 days provides for a penal fee not exceeding Rs. 2500/- in case of creation of security interest for a loan up to Rs.5.00 lakhs and not exceeding Rs..5000/- in all other cases. Branch Managers / Officials in charge would have to ensure that registration is effected immediately after creation of mortgage so as to avoid penalty. It would be the responsibility of Manager/Officer to ensure prompt registration as any penal fee for delay cannot be collected from the borrower / mortgager.

Since branches are not provided with internet facility as of now, branches shall send the relevant particulars in Forms as per Annexure-II duly filled in and submit the same to respective Regional Offices on the same day and Regional Offices shall register the transactions online as early possible, preferably within a week, to ensure that registration is effected without inviting any penalty.

Annexure forms are under print and the same will be supplied to branches shortly.

Bulk Registrations of Security Charges with the Central Registry:

Cir.No.178-2011-BC-CSRD dt.30.06.2011

The Central Registry Rules 2011 prescribe the forms for registration of security charge with the Central Registry. The Central Registry maintains its records in electronic form as is permitted by the SARFAESI Act 2002.

a) The CERSAI portal (http://www.cersai.org.in) provides the interface for all institutions covered under the SARFAESI Act, 2002 (SARFAESI institutions) to interact with the Central Registry for various transactions. The SARFAESI institutions can register security charges with Central Registry by directly submitting the information prescribed in the forms through web pages specifically designed for this purpose. This requires logging on to the system and only authorized persons of the institutions are permitted to do this. It may be mentioned that any number of users can login simultaneously so that multiple registrations from different branches / offices of the SARFAESI institutions scan happen simultaneously. This allows distributing the workload across multiple branches/offices to suit the network structure of larger institutions.

b) The CERSAI has now set up another mechanism to facilitate registrations of security charges in bulk by uploading multiple (upto 1000) registrations’ information through a single batch transaction. An institution can do multiple such transactions.

c) In order to use this bulk registration facility, the Bank will have to pick up data from its lending systems and create the batch file for uploading on the CERSAI system using the batch upload. The data structure of the batch file and the master data information for creation of batch file is provided in the following files which can be downloaded from the CERSAI portal.

Batch File Format.xls State Master.xls Data Dictionary.xls

d) Since bulk upload changes a large number of records in databases it is necessary for the institutions to test the batch files created by them thoroughly in the initial stage when they are doing it for the first time. In order to help the SARFAESI institutions to tests the initial batch files CERSAI has set up a testing/support facility at CERSAI’s helpdesk centre at Stadium House where the batch files created by the institutions can be tested on a replica of the production system. The batch transaction available on the production portal will be kept disabled initially and enabled selectively for institutions after the batch files created by them pass the tests carried out at this facility.

In view of the above, ROs are advised to commence uploading the data directly (as per para ‘a’ )or using the batch file mode (as per para ‘d’)

All UREMs created with effect from 01.07.2011 shall be registered with CERSAI .

Cir.No.178-2011-BC-CSRD dt.30.06.2011

All the ROs shall nominate a NODAL OFFICER who will be responsible for interacting with Branches, CERSAI and HO-CSRD and to ensure smooth uploading of data. All the ROs are also advised to send the details of the said officer to branches and the Chairman’s Secretariat & Recoveries Department at HO latest by 07.07.2011, followed by duly signed hard copy.

Name of RO: BIC:Name of the Nodal Officer:Designation:Employee No:Mobile No: Email ID:(ALL DETAILS AS ABOVE ARE MANDATORY)

It would be the responsibility of the Regional Office to get a new USER ID in case the existing user is transferred and is relieved.

Concurrent Auditors/Branch Inspectors shall CERTIFY in their Report that all the UREMs created during the review period are registered with the Central Registry and the Registration No/date are correctly recorded in the UREM Register, & the applicable charges collected thereon.

Clarification required if any, may be sought by the Branches through the respective Regional Offices from Chairman’s Secretariat & Recoveries Department at Head Office.

(K.PREETAM LAL) CHAIRMAN

Cir.No.178-2011-BC-CSRD dt.30.06.2011

ANNEXURE-I (a)

[TO BE PUBLISHED IN THE GAZETTE OF INDIA OF INDIA EXTRAORDINARY UNDER PART – II SECTION 3 SUB SECTION (i)]

Government of India Ministry of Finance

Department of Financial Services

New Delhi, dated 31 March, 2011

NOTIFICATION

In exercise of the powers conferred under sub-section (1) of section 21 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Central Government hereby appoints Shri R.V. Verma, Chairman and Managing Director, National Housing Bank (NHB), as the Central Registrar to hold additional charge of the Central Registrar for the purpose of registration of transactions relating to securitization, reconstruction of financial assets and security interest created over properties.

2. Shri R.V. Verma shall hold the charge of Central Registrar for a period of three months in addition to his duties as Chairman and Managing Director, National Housing Bank.

F. No. 56/05/2007-BO-II (Alok Nigam)

Joint Secretary to the Government of India

Cir.No.178-2011-BC-CSRD dt.30.06.2011

ANNEXURE- 1(b) [TO BE PUBLISHED IN THE GAZETTE OF INDIA OF INDIA EXTRAORDINARY UNDER PART – II SECTION 3 SUB SECTION (i)]

Government of India Ministry of Finance

Department of Financial Services

New Delhi, dated 31 March, 2011

NOTIFICATION

In exercise of the powers conferred under section 21 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Central Government hereby notifies the establishment of the Central Registry at the place mentioned in Column 2 of the Table below which shall exercise jurisdiction in the area specified in the corresponding entry in Column (3) of the said Table, namely:- TABLE (1) (2) (3)

S. No. Place at which the Central Registry is established

Area of Jurisdiction

1. Indian Banks’ Association, Delhi Local Chapter C/o Punjab National Bank Rajendra Bhavan Rajendra Place, New Delhi 110008

Whole of India

The Central Government hereby, entrusts the operations and administration of the Central Registry and the Maintenance of the Central Register to a Government Company licensed under Section 25 of the Companies Act, 1956, namely, the Central Registry of Securitisation Asset Re-construction and Security Interest of India, having its Registered Office at the place mentioned in Column 2 of the above given Table. 3. The Central Registry shall be under the superintendence and direction of the Central Registrar appointed by the Central Government under sub-section (1) of Section 21 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

F. No. 56/05/2007-BO-II (Alok Nigam)

Joint Secretary to the Government of India

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Annexure-I (c) To be published in the Gazette of India,

Extraordinary, Part II, Section 3, Sub-section (i) of dated the 31st March, 2011

Government of India Ministry of Finance

(Department of Financial Services)

Notification

New Delhi, dated the 31st March, 2011

G.S.R-(E).- In exercise of the powers conferred by sub-section (1) and clauses (c) to (g) of sub-section (2) of section 38 read with section 20 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), the Central Government hereby makes the following rules, namely:-

1. Short title and commencement.-(1) These rules may be called the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. Definitions.-

(1) In these rules, unless the context otherwise requires,- (a) “Act” means the Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002 (54 of 2002);

(b) “Central Register” means the register kept and maintained under section 22 of the Act;

(c) “Central Registrar” means a person appointed as such under sub-section (1) of section 21 of the Act;

(d) “Central Registry” means the Central Registry set up under section 20 of the Act;

(e) “Transaction” means any transaction of securitisation of financial assets or reconstruction of financial assets or security interest created over the property and modification and satisfaction of any security interest over property.

(2) Words and expressions used in these rules and not defined shall have the meaning respectively assigned to them in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002); or the Information Technology Act, 2000 (21 of 2000), as the case may be.

3. Maintenance of Central Register

(1) A Central Register shall be kept for the purpose of maintaining records of registration of transactions relating to securitisation, reconstruction of financial assets and security interest created over properties, under the Act.

(2) All electronic documents, required to be signed by the Central Registrar under the Act or rules made thereunder, shall be authenticated through his digital signature.

Cir.No.178-2011-BC-CSRD dt.30.06.2011

4. Manner in which particulars of Transaction are to be filed with the Central Registry.-

(1) Particulars of every transaction of securitisation or reconstruction of financial assets and satisfaction of such transaction on realisation of the financial assets or creation, modification or satisfaction of any security interest required to be registered under sections 23, 24 and 25 of the Act, shall be filed in such Forms as may be specified by the Central Government from time to time as hereinafter provided.

(2) Particulars of every transaction of securitisation and reconstruction of financial assets and creation, modification or satisfaction of security interest by way of mortgage by deposit of title deeds shall be filed in Form I, Form II, Form III or Form IV, as the case may be, and shall be authenticated by a person specified in the Form for such purpose by use of a valid digital signature.

(3) The Central Government may specify Forms for filing particulars of creation, modification or satisfaction of security interest other than mortgage by deposit of title deeds by amendment to these rules from time to time.

(4) If any security interest being created in favour of two or more lenders, the details as to inter se priority amongst them and whether they hold it on a pari passu or subordinate basis shall be required to be specified:

Provided that if the ranking of security is not available, the Central Registrar may allow such time, not exceeding sixty days from the date of application, for the same to be furnished by the secured creditors.

5. Time limit for registration and condonation of delay

(1) The particulars of every transaction referred to in sub-rule (1) of rule 3 shall be filed the Central Registrar within a period of thirty days from the date of such transaction.

(2) In cases where there is a delay in filing the particulars of transaction for registration or modification or satisfaction within the time specified in sub-rule (1), the Central Registrar, on an application in specified form, stating the reasons for delay not exceeding thirty days from next following the period of thirty days provided in sub-rule (1) may allow filing of the particulars of transaction on payment of additional fees as specified in these rules.

6. Inspection of records of Central Register

The particulars of any transaction kept in the Central Registry shall be open for inspection to any person through the website of the Central Registry and during the business hours at the Central Registry on payment of fee specified in rule 7: Provided that the Central Registry may allow the inspection to be carried out through such person, authorised by it in this behalf.

7. Fees

Every Form for registration of any transaction relating to security interest over any property and every request for inspection of any record maintained by the Central Registry shall be accompanied by a fee specified in the Table given below to be paid to the Central Registry in such manner as may be specified from time to time.

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Annexure-I (d) TABLE

Serial Number

Nature of transaction to be Registered

FORM No. Amount of fee payable

(1) (2) (3) (4)

1. Particulars of creation or modification of Security Interest in favour of secured creditors

FORM I Rs.500 for creation and for any subsequent modification of Security interest in favour of a secured creditor for a loan above Rs.5 lakh. For a loan upto Rs.5 lakh, the fee would be Rs.250 for both creation and modification of security interest.

2. Satisfaction of any existing Security Interest

FORM II Rs.250

3. Particulars of securitisation or reconstruction of financial assets

FORM III Rs.1000

4. Particulars of satisfaction of securitisation or reconstruction transactions

FORM IV Rs.250

5. Any application for information recorded / maintained in the Register by any person

---- Rs.50

6. Any application for condonation of delay up to 30 days

---- Not exceeding Rs.2500 in case of creation of security interest for a loan up to Rs.5 lakh and not exceeding Rs.5000 in all other cases.

(F.No.56/5/2007-BO.II)(Alok Nigam)

Joint Secretary to the Government of India

Cir.No.178-2011-BC-CSRD dt.30.06.2011

CENTRAL REGISTRYANNEXURE-II – FORM…I

Creation and Modification of charge(Particulars for creation or modification of charges)

LOAN ACCOUNT NO:………………………………………

1. (a) This form for O Creation of Charge O Modification of Charge

Limited Liability Partnership Firm (LLP) ¨ Partnership Firm ¨ Company ¨

(b) Charge created byIndividual ¨ Proprietorship Firm ¨

Limited Liability Partnership Firm (LLP) ¨ Partnership Firm ¨ Company ¨

(c) Whether the charge holder is authorized to assign the charge as per the loan/ security documents (in case of company and partnership firm) O Yes O No

(d) Charge Identification (ID) number of the charge to be modified:……………………….

2. (a) Company

Company Name:

(i) Corporate.Identity Number(CIN) or foreign company registration

(ii) Number

(To get the CIN and the address of the company a link may have to be established with MCA site)

(iii) Corporate Borrower Permanent Account Number (PAN)

OR

(b) Individual Borrower

(i) Name: Title ¨ (Mr/Mrs/Ms)

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Surname:

Name:

Father/Husband Name:

Age:……. Date of Birth:………………….. (dd/mm/yyyy)

(ii) Individual Borrower Permanent Account Number (PAN)OR

(c) Proprietorship Firm

(i) Name of Proprietorship Firm:

Proprietorship Firm Permanent Account Number (PAN) :

(ii) Name of the Proprietor

(a) In case of company:

Corporate Identify No……...

(a) In case of individual

Title ¨ (Mr/Mrs/Ms)

Surname:

Name:

Father’s Name:

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Age: Date of Birth (dd/mm/yyyy)

OR

(d) Limited Liability Partnership Firm (LLP)

(i) Limited Liability Partnership Firm (LLP) Name

(ii) Name of the partner who is mortgaging the property belonging to the Limited Liability Partnership Firm (LLP)

Title ¨ (Mr/Mrs/Ms)

Surname:

Name:

Father’s/Husband’s Name:

Age:

Date of Birth (dd/mm/yyyy): (iii) Limited Liability Partnership Firm (LLP)

Permanent Account Number (PAN)OR

(e) Partnership Firm

(i) Partnership Firm Name

(ii) Name of the partner who is mortgaging the property belonging to the Partnership Firm

Title ¨ (Mr/Mrs/Ms)

Surname:

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Name:

Father/Husband Name:

Age

Date of birth (dd/mm/yyyy)

iii)Partnership Firm Permanent Account Number (PAN)

OR(f) Trust

(i) Name of the Trust

(ii)Trust Permanent Account Number (PAN)

(iii) Name of the Trustee/Person who is authorized to mortgage the property belonging to the Trust

Title ¨ (Mr/Mrs/Ms)

Surname:

Name

Father’s/Husband’s Name:

Age

Date of birth (dd/mm/yyyy)

Cir.No.178-2011-BC-CSRD dt.30.06.2011

(g) HUF(h) Title ¨(Mr/Mrs/Ms)

(i) Surname:

Name:

(j) Father’s/Husband’s Name:

(k) Age:……… Date of birth……………

3.Address of the borrower:-

Shop/Flat/House No.

Plot No.

Building No.

Building Name:

Village:

Taluka:

District:

State/UT:

Pin Code:

TELEPHONE NUMBER OF THE BORROWER:…………………….….

4. THIRD PARTY MORTGAGE

Cir.No.178-2011-BC-CSRD dt.30.06.2011

(a) Name of the person who gives security of immovable property to secure the loan of the borrower

Individual ¨ Individuals ¨ Company¨ Trust¨ HUF ¨

Limited Liability Partnership Firm (LLP) ¨ Partnership Firm(LLP)¨

(b) Name of the person creating charge

Title ¨ (Mr/Mrs/Ms)

Surname:

Name:

Father’s/Husband’s Name:

House No:

Village:

Taluka:

District:

State/UT:

Pin Code:

(c) In case of Company/Partnership Firm / Trust/LLP whether the person is duly authorized O Yes O No

(d) Third Party Permanent Account Number (PAN)

5.Type of Charge

¨ Mortgage by deposit of title deeds

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Charge on ¨ Immovable Property (Freehold)¨ Any interest in immovable property (leasehold interest)¨ Flat¨ Others

6.(a) whether consortium finance is involved O Yes O No

(b)Whether joint charge involved without consortium finance: O Yes O No](c) Single Charge only O Yes O No

(d) Number of charge holders :

7. Particulars of the charge holder(s) (Banks/Financial Institutions)

Permanent Account Number (PAN)

Name of charge Holder

Seniority of charge

Expected repayment Period (in months)

Amount secured

Address

Building Number:

Building Name:

Village:

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Town:

Taluka:

City:

District:

State:

Pin Code:

e-mail ID:

(The above fields may have to be created further depending up on the number of charge holders)

8.Description of the property:- which is given as security by deposit of title deeds in favour of the bank/financial institution along with boundaries(*)

Agricultural m Non Agricultural m

Survey No. /Gat No. /Plot No./House No.

Carpet/Built up area

(Sq. Feet, Sq.meter, acre, Gunta, Cents, Hectars,)

Building Name:

House/Flat/Shop No.

Floor No.

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Plot No.

Street Name/No.

Stage/Sector No/Ward Latitude Longitude

Village

Town

Taluka

District

State/UT

Pin Code

Plot Bounded by

By North

By South

By East

By West

(* Survey Number, gut number, plot number, as appearing in the revenue record, Flat No. House No, municipal office/municipal corporation/gram panchayat are to be specified and also the area of the immovable property as well as boundaries)

Cir.No.178-2011-BC-CSRD dt.30.06.2011

9.Description of Document by which the borrower/ third party acquire title

Sale Deed/Lease Deed/Award, etc.)

Document No.

Date of Document

Sub-Registrar

Taluka

District

State

Pin Code

10.Amount secured by the charge

(in case the amount is in foreign currency, rupee equivalent to be stated):

11.Date of creating /modifying the charge by actual/constructive deposit of the title deeds (dd/mm/yyyy)

12.Amount outstanding secured by the charge as on the date of filing for registration

13.Date of creating modifying the charge (dd/mm/yyyy)

14. Brief particulars of the principal terms and conditions and extent and operation of the charge

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A. Rate of Interest :

B. Terms of repayment details in months

C. Margin amount details

D. Extent of operation of the charge

E. Others

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To be digitally signed by Charge holder (financial Institution or Bank or asset reconstruction company

Cir.No.178-2011-BC-CSRD dt.30.06.2011

CENTRAL REGISTRY

ANNEXURE II – FORM…IISatisfaction of Charge

(Particulars for Satisfaction of charges)LOAN ACCOUNT NO………………….

1. Borrower Permanent Account Number (PAN)…………………………………………..

2. a) Name of the borrower…………………………………….……………………………….

b) Address of the borrower……………………………………………………………….…

3. Third party Permanent Account Number (PAN)………………,,,,,,,………

4. Charge creation ID Number………………………………………….……….

(a) Particulars of the charge holder

Permanent Account Number………………………………………..………

Name…………………………………………………………………………….

Address: Building No………………………………………………….……..

Building Name…………………………………………..……….

City…………………………………………………………………

State/UT…………………………………….………………………

(b) Particulars of creation of original charge and subsequent modifications

i) Charge creation date………………….(dd/mm/yyyy)

ii) Charge last modification date………………….(dd/mm/yyyy)

iii) Charge satisfied Status…………………..

iv) Final amount secured (in Rs.)……………………..

5. Date of satisfaction of charge in full…………………..(dd/mm/yyyy)

For Office use only

It is certified that the above document for charge satisfaction

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is hereby registered digital signature of the authorized officer at the Central Registry.

CENTRAL REGISTRY

ANNEXURE II – FORM…IIISecuritization or Reconstruction of Financial Assets

(Particulars for Securitization or reconstruction of Financial Assets)This form is for acquisition of Fianncial assets for the purpose of

Securitisation of financial assetsOR

Reconstruction of financial assets with or without the benefit of underlying securities

RECONSTRUCTION OF FINANCIAL ASSETS:

1. Whether originator will be servicer for borrower m Yesm No

2. List of Asset IDs to be up loaded

3. Details of the Originator Bank or Financial Institution

PAN Number ……………………………………Name of the Originator Bank or Financial Institution……………………..Address

Building No………….. Building Name……………………………….Street Name/Number…………………………Village/Suburbs………………….Town………………..Taluka…………………………City………………District…………………………..State/UT………………………..Pin Code………………………..Email ID……………………….

4. Details of the Asset Reconstruction Company

Name of the Asset Reconstruction Company

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ID

Asset Reconstruction Transaction Date

AddressBuilding No………….. Building Name……………………………….Street Name/Number…………………………Village/Suburbs………………….Town………………..Taluka…………………………City………………District…………………………..State/UT………………………..Pin Code………………………..Email ID……………………….

(The above fields may have to be created further depending up on the number of Originators)

Originator Bank of financial institution is the owner of the financial assets

(Refer Section 2 (1) (i) of the Act.)

5. Description of the financial assets acquired (attach a list if necessary)

Name of the borrower

Nature of facility Aggregate amount of the financial assets securitized in Rs.

Brief description of securities for the loan

(1) (2) (3) (4)

6. Particulars of recovery proceedings pending in respect of the financial Assets

Name of the borrower

Outstanding Loans as on

Date of the suit/recovery proceeding/winding up proceedings

No. of Recovery proceedings

Whether Reciever appointed & present status

(1) (2) (3) (4) (5)

7. Particulars of security receipts issued by the Securitization Company/Reconstruction company

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Name of the Investor

Number of Security Receipts

Amount of Security Receipts

8. To be digitally signed by the Charge-holder ( Securitization Company or Reconstruction Company)

SECURITIZATION OF FINANCIAL ASSETS

1. Whether originator will be servicer for borrower m Yes m No

2. List of Assets IDs to be uploaded

3. Details of the Securitization Institution

Institution Name

Name of the trust formed for Securitization

Securitization Transaction Date

Address

Building No………….. Building Name……………………………….Street Name/Number…………………………Village/Suburbs………………….Town………………..Taluka…………………………City………………District…………………………..State/UT………………………..Pin Code………………………..Email ID……………………….

Cir.No.178-2011-BC-CSRD dt.30.06.2011

(The above fields may have to be created further depending up on the number of Originators)

Originator Bank of financial institution is the owner of the financial assets (Refer Section 2(1) (i) of the Act.

4. Particulars of Financial Assets acquired (attach a list if necessary)

Name of the borrower

Nature of facility Aggregate amount of the financial assets securitized in Rs.

Brief description of securities for the loan

(1) (2) (3) (4)

5. Particulars of recovery proceedings pending in respect of the financial Assets

Name of the borrower

Outstanding Loans as on

Date of the suit/recovery proceeding/winding up proceedings

No. of Recovery proceedings

Whether Reciever appointed & present status

(1) (2) (3) (4) (5)

6. Particulars of security receipts issued by the Securitization Company/Reconstruction company

Name of the Investor

Number of Security Receipts

Amount of Security Receipts

7. To be digitally signed by the Charge-holder

( Securitization Company or Reconstruction Company)

Cir.No.178-2011-BC-CSRD dt.30.06.2011

CENTRAL REGISTRYANNEXURE II – FORM …IV

Satisfaction of Securitization or Reconstruction of Financial Assets

(Particulars for closure of Securitization or Reconstruction of Financial Assets)This form is recording satisfaction of

Securitisation of financial assetsOR

Reconstruction of financial assets On realization of the financial assets and closure of schemes of securitization or asset reconstruction.

1. Details of Securitization/ Asset Reconstruction Institution

Securitization/ Asset ReconstructionTransaction ID

Institution Name

Name of the Trust formed for Securitisation

Address

Building No………….. Building Name……………………………….Street Name/Number…………………………Village/Suburbs………………….Town………………..Taluka…………………………City………………District…………………………..State/UT………………………..Pin Code………………………..Email ID……………………….

(The above fields may have to be created further depending up on the number of Originators)Originator Bank of financial institution is the owner of the financial assets (Refer Section 2(1) (i) of the Act.

2. Particulars of Securitization or asset Reconstruction Transactions

Transaction Date

Aggregate amount of financial asset secured or acquired for reconstruction (in Rs.)

Cir.No.178-2011-BC-CSRD dt.30.06.2011

Net Realisation (in Rs.)

Date of realization and closure of securitization or Asset Reconstruction

For Office use onlyIt is certified that the above document for charge satisfaction is hereby registered digital signature of the authorized officer at the Central Registry.

-oOo-