The principal object of Section 17 of the SARFAESI Act, 2002 is to provide:
Section 17 is headed "Application against measures to recover secured debts" and gives anyone aggrieved by the creditor's measures a statutory remedy before the Debts…
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The principal object of Section 17 of the SARFAESI Act, 2002 is to provide:
Answer and explanation
Correct answer B
Section 17 is headed "Application against measures to recover secured debts" and gives anyone aggrieved by the creditor's measures a statutory remedy before the Debts Recovery Tribunal. Directors' compensation is barred by section 16, and validation of fees is section 18A.