Factoring: New Regulations Bring A Revolutionary Change in MSME’s Business
MNS Credit Management Group
JUNE 3, 2022
Factors are obligated to register the details of every transaction or assignment of receivables in their favor under the Act. Conclusion: The Bill eliminates the 30-day period in which the factors must register the details of each transaction they enter. The Reserve Bank of India (RBI) will regulate.
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