Section 5A of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…
Section 5A is headed "Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases". Acquisition of financial assets is section 5, notice to the…
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Section 5A of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 deals with:
Answer and explanation
Correct answer B
Section 5A is headed "Transfer of pending applications to any one of Debts Recovery Tribunals in certain cases". Acquisition of financial assets is section 5, notice to the obligor section 6, and issue of security receipts section 7.