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Section32
The Factoring Regulation Act, 2011

Power of Central Government to make rules

In force From 02 Apr 2012 Act 12 of 2012 As on 19 Oct 2026

Act 12 of 2012 Ministry Finance Enacted 22 Jan 2012 In force 02 Apr 2012 Instruments 3

Section 32 of the Factoring Regulation Act, 2011 deals with power of Central Government to make rules. The Central Government may, in consultation with the Reserve Bank, by notification and in the Electronic Gazette as defined in clause (5) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000) make rules for carrying out the provisions of this Act. The Act came into force on 02 Apr 2012.

(1) The Central Government may, in consultation with the Reserve Bank, by notification and in the Electronic Gazette as defined in clause (5) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000) make rules for carrying out the provisions of this Act.

(2) In particular and without prejudice to the generality of the foregoing power such rules may provide for all or any of the following matters, namely:

(a) 1[the time within which, the form and manner] in which the transactions of assignment of receivables in favour of a factor shall be filed and the fee for filing such transaction under sub-section (1) of section 19;

(b) the form and manner in which the satisfaction of assignment of receivable or settlement of the claim shall be registered and the fee for filing such transactions under sub-section (3) of section 19;

(c) fee for inspecting the Central Register under section 20; and

(d) any other matter which is required to be or may be prescribed, in respect of which provision is to be made or may be made by rules.

Section 32, The Factoring Regulation Act, 2011 (Act 12 of 2012).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 19 Registration of certain assignments of receivables transactions
  2. s. 20 Public inspection

Made under this section, and citing it

2 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.

Another 1 instrument names this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 32

What does Section 32 of the Factoring Regulation Act deal with?

Section 32 of the Factoring Regulation Act is headed "Power of Central Government to make rules". The Central Government may, in consultation with the Reserve Bank, by notification and in the Electronic Gazette as defined in clause (5) of sub-section (1) of section 2 of the Information Technology Act, 2000 (21 of 2000) make rules for carrying out the provisions of this Act.

How do I find court cases under Section 32 of the Factoring Regulation Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Factoring Regulation Act 32, section 32 Factoring Regulation Act, section 32 of the Factoring Regulation Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 32 of the Factoring Regulation Act, and has it changed?

Its own text turns on section 19 (Registration of certain assignments of receivables transactions), section 20 (Public inspection), so none of them can safely be read on its own. The rules and notifications made under it are where it actually bites, and there are 2: most recently Registration_of_Assignment_of_Receivables_(Amendment)_Rules-2018 (2018), then Registration of Assignment of Receivables Rules 2012 under Factoring Regulation Act 2011 (2012).

When did Section 32 of the Factoring Regulation Act come into force?

Section 32 of the Factoring Regulation Act, cited as Factoring Regulation Act 32, came into force on 02 Apr 2012, having been enacted on 22 Jan 2012. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 19 Oct 2026. This page is not a substitute for legal advice.