Factoring Regulation Act, 2011

This authoritative edition consolidates the Factoring Regulation Act, 2011 and explains the law that governs assignment of receivables and regulation of factoring business in India. The book reproduces the statute verbatim and provides plain-English annotations on critical topics: definitions (factor, receivables, factoring business), registration and compliance procedures for factors (including NBFC-Factor requirements), the rights and obligations of parties to assignment of receivables, and the statutory framework for registration of assignments. It explains practical interaction with RBI regulation (treatment of NBFC-Factors), connection with TReDS and payment systems, and enforcement remedies including offences and penalties for non-compliance. Practitioners will find model assignment agreements, registration and application checklists, sample disclosure clauses, drafting tips to preserve priority of receivables, and a compact case-digest and regulatory timeline. Whether you are structuring factoring arrangements, advising MSMEs on invoice financing, or helping a company register as a factor, this edition turns statute into actionable templates and compliance steps — saving time and reducing legal risk.