The principal object of Section 22 of the SARFAESI Act, 2002 is:
Section 22 is headed "Register of securitisation, reconstruction and security interest transactions" and requires that register to be kept. The Central Registry is set up…
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The principal object of Section 22 of the SARFAESI Act, 2002 is:
Answer and explanation
Correct answer B
Section 22 is headed "Register of securitisation, reconstruction and security interest transactions" and requires that register to be kept. The Central Registry is set up under section 20, the Central Registrar is appointed under section 21, and asset reconstruction companies are registered under section 3.