The statutory power of rectification under Section 26A of the SARFAESI Act, 2002 extends to matters…
Section 26A allows the Central Government to rectify accidental omissions or mis-statements in the registration of a transaction, its "modification" and its "satisfaction".…
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The statutory power of rectification under Section 26A of the SARFAESI Act, 2002 extends to matters relating to:
Answer and explanation
Correct answer A
Section 26A allows the Central Government to rectify accidental omissions or mis-statements in the registration of a transaction, its "modification" and its "satisfaction". Appeals lie under section 18, audit and directions belong to the Reserve Bank under sections 12 and 12B, and company registration is under the Companies Act.