Discharge of liability of debtor on payment to assignee
Section 9 of the Factoring Regulation Act, 2011 deals with discharge of liability of debtor on payment to assignee. Where a notice of assignment of receivable is given by the assignor or the assignee, as the case may be, under section 8 the debtor on receipt of such notice, shall make payment to the assignee and payment made to such assignee in discharge of any obligation in relation to the receivables specified The Act came into force on 02 Apr 2012.
Where a notice of assignment of receivable is given by the assignor or the assignee, as the case may be, under section 8 the debtor on receipt of such notice, shall make payment to the assignee and payment made to such assignee in discharge of any obligation in relation to the receivables specified in the notice shall fully discharge the debtor making the payment, from corresponding liability in respect of such payment.
Section 9, The Factoring Regulation Act, 2011 (Act 12 of 2012).
Cross-references
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Questions about Section 9
What does Section 9 of the Factoring Regulation Act deal with?
Section 9 of the Factoring Regulation Act is headed "Discharge of liability of debtor on payment to assignee". Where a notice of assignment of receivable is given by the assignor or the assignee, as the case may be, under section 8 the debtor on receipt of such notice, shall make payment to the assignee and payment made to such assignee in discharge of any obligation in relation to the receivables specified
How do I find court cases under Section 9 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 9, section 9 Factoring Regulation Act, section 9 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 9 of the Factoring Regulation Act, and has it changed?
Its own text turns on section 8 (Notice to debtor and discharge of obligation of such debtor), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When did Section 9 of the Factoring Regulation Act come into force?
Section 9 of the Factoring Regulation Act, cited as Factoring Regulation Act 9, 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
- 2. Definitions1098 words
- 19. Registration of certain assignments of receivables transactions307 words
- 31. Provisions of this Act not to apply or affect in certain cases298 words
- 22. Penalties for non-compliance of direction of Reserve Bank296 words
- 7. Assignment of receivables247 words
- 25. Offences by factors226 words
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 22 Oct 2026. This page is not a substitute for legal advice.