Section 30A of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…
Section 30A lets the adjudicating authority "impose penalty" for the defaults it describes. The appeal against penalties is section 30B, recovery of penalties section 30D,…
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Section 30A of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 deals with:
Answer and explanation
Correct answer B
Section 30A lets the adjudicating authority "impose penalty" for the defaults it describes. The appeal against penalties is section 30B, recovery of penalties section 30D, and penalties for non-compliance of Reserve Bank directions section 28.