அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
Where any person without a reasonable cause-
(a)
files a financing statement confirming the existence of a security right under an agreement, which in fact does not exist; or
(b)
files a financing statement confirming that the debtor has consented to the filing of such financing statement, when in fact the debtor has not consented to such filing, the debtor shall have a right to recover damages from that person for any loss or damage caused to the debtor that was reasonably foreseeable as likely to have resulted from such filing.
(2)
Where a secured party fails to forward a copy of the verification statement to the debtor within ten working days of receiving a copy of the same under subsection (2) of section 52, the debtor shall have a right to recover damages from such person for any loss or damage that was reasonably foreseeable as likely to result from such failure.