Section 4 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…
Section 4 lets the Reserve Bank cancel the "certificate of registration" granted to an asset reconstruction company under section 3, on grounds such as its ceasing to carry…
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Section 4 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 deals with:
Answer and explanation
Correct answer B
Section 4 lets the Reserve Bank cancel the "certificate of registration" granted to an asset reconstruction company under section 3, on grounds such as its ceasing to carry on asset reconstruction. Acquisition of rights in financial assets is section 5, and the exemption for security receipts is section 8.