Under Section 39 of the SARFAESI Act, 2002, the operation of certain provisions depends upon:
Section 39 makes certain provisions of the Act apply only after the Central Registry "is set up or caused to be set up" under section 20. Their operation does not wait for…
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Under Section 39 of the SARFAESI Act, 2002, the operation of certain provisions depends upon:
Answer and explanation
Correct answer C
Section 39 makes certain provisions of the Act apply only after the Central Registry "is set up or caused to be set up" under section 20. Their operation does not wait for Reserve Bank rules, the Appellate Tribunal or the registration of any company.