law: Factoring Regulation Act, 2011 
  4. Provisions of
  
  nonbanking financial companies apply to factor.-
  All provisions of
  
  Chapter IIIB of the Reserve Bank of India Act, 1934 relating to non-banking
  
  financial companies which have been granted a certificate of registration under
  
  sub-section (5) of section 45-IA of the Reserve Bank of India Act, 1934 shall
  
  (except those specifically provided for under this Act) mutatis mutandis apply
  
  to a factor which has been granted a certificate of registration under section
  
  3.