The Securitization Act, 2002 has been enacted to ensure speedy recovery of debt

through mortgage. As the mortgage is regulated by Transfer of Property Act, 1882

and the procedure for recovery of mortgage money is through the ordinary process
of law given in Civil Procedure Code, 1908.Therefore there is a need to make a
critical study of the impact of Securitization Act, 2002 on mortgage transaction vis-avis recovery of mortgage money.