Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest…
A requirement that an asset reconstruction company furnish specified information originates from the Reserve Bank's power under SARFAESI s.12A, which is distinct from its…
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Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, a statutory requirement directing an asset reconstruction company to furnish specified information originates from the Reserve Bank's power under:
Answer and explanation
Correct answer C
A requirement that an asset reconstruction company furnish specified information originates from the Reserve Bank's power under SARFAESI s.12A, which is distinct from its policy-direction power under s.12.