Section 19 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…
Section 19 provides compensation and costs where the competent forum finds secured possession unlawful under the Act and rules and directs return of the assets. The…
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Section 19 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 deals with:
Answer and explanation
Correct answer A
Section 19 provides compensation and costs where the competent forum finds secured possession unlawful under the Act and rules and directs return of the assets. The statutory protection also extends to a qualifying other aggrieved applicant, not just the borrower. Sections 18, 17 and 16 address the other listed subjects.