The principal purpose of Section 26C of the SARFAESI Act, 2002 is to prescribe:
Section 26C is headed "Effect of the registration of transactions, etc." and deems registration to be public notice of the transaction. Registration by creditors is section…
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The principal purpose of Section 26C of the SARFAESI Act, 2002 is to prescribe:
Answer and explanation
Correct answer B
Section 26C is headed "Effect of the registration of transactions, etc." and deems registration to be public notice of the transaction. Registration by creditors is section 26B, rectification section 26A, and priority section 26E.