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Section5
The Factoring Regulation Act, 2011

Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company

In force From 02 Apr 2012 Act 12 of 2012 As on 20 Oct 2026

Act 12 of 2012 Ministry Finance Enacted 22 Jan 2012 In force 02 Apr 2012 Cited by 1 provision Instruments 1

Section 5 of the Factoring Regulation Act, 2011 deals with requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. Nothing contained in section 3 shall apply to a bank or any corporation established under an Act of Parliament or State Legislature, or a Government Company as defined under section 617 of the Companies Act, 1956 (1 of 1956). The Act came into force on 02 Apr 2012.

Nothing contained in section 3 shall apply to a bank or any corporation established under an Act of Parliament or State Legislature, or a Government Company as defined under section 617 of the Companies Act, 1956 (1 of 1956).

Section 5, 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. 3 Registration of factors

Referred to by 1

  1. s. 3 Registration of factors

Made under this section, and citing it

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

All subordinate legislation

Questions about Section 5

What does Section 5 of the Factoring Regulation Act deal with?

Section 5 of the Factoring Regulation Act is headed "Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company". Nothing contained in section 3 shall apply to a bank or any corporation established under an Act of Parliament or State Legislature, or a Government Company as defined under section 617 of the Companies Act, 1956 (1 of 1956).

How do I find court cases under Section 5 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 5, section 5 Factoring Regulation Act, section 5 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 5 of the Factoring Regulation Act, and has it changed?

Its own text turns on section 3 (Registration of factors), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it. One instrument names it without being made under it, most recently Registration_of_Factors_(Reserve_Bank)_Regulations-2022 (2022).

When did Section 5 of the Factoring Regulation Act come into force?

Section 5 of the Factoring Regulation Act, cited as Factoring Regulation Act 5, 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 20 Oct 2026. This page is not a substitute for legal advice.