Section 25 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…
Section 25 is headed "Asset reconstruction company or secured creditors to report satisfaction of security interest"; once the security interest is satisfied, the creditor…
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Section 25 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 deals with:
Answer and explanation
Correct answer B
Section 25 is headed "Asset reconstruction company or secured creditors to report satisfaction of security interest"; once the security interest is satisfied, the creditor must report it to the Central Registrar. Modification is section 24, inspection section 26, and rectification section 26A.