Can multi-state cooperative banks register their bad loans under the SARFASI Act? If so, what’s the process?

Yes, multi-state cooperative banks can register their bad loans under the SARFASI Act. They need to file an application with the Registrar of the concerned state, providing details of the loan and the borrower. The Registrar will then issue a certificate of registration, allowing the bank to initiate proceedings under the SARFASI Act to recover the loan.