Under Section 1(3) of the Securitisation and Reconstruction of Financial Assets and Enforcement of…
Section 1(3) of the SARFAESI Act, 2002 does not leave commencement to any notification; it provides that the Act shall be deemed to have come into force on the 21st day of…
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Under Section 1(3) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the Act is deemed to have come into force on:
Answer and explanation
Correct answer A
Section 1(3) of the SARFAESI Act, 2002 does not leave commencement to any notification; it provides that the Act shall be deemed to have come into force on the 21st day of June, 2002.