23.
Filing of transactions of securitisation, reconstruction
and creation of security interest. - The
particulars of every transaction of securitisation,
asset reconstruction or creation of security
interest shall be filed, with the Central Registrar
in the manner and on payment of such fee as
may be prescribed, within thirty days after
the date of such transaction or creation of
security, by the securitisation company or reconstruction
company or the secured creditor, as the case
may be:
Provided that the Central
Registrar may allow the filing of the particulars
of such transaction or creation of security
interest within thirty days next following the
expiry of the said period of thirty days on
payment of such additional fee not exceeding
ten times the amount of such fee.
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