Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest…
A secured creditor exercising the statutory right to enforce securities does so under SARFAESI s.26D, which confers the right of enforcement of securities once registration…
Choose your answer
Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, where a secured creditor seeks to exercise the statutory right to enforce securities, the governing provision is:
Answer and explanation
Correct answer C
A secured creditor exercising the statutory right to enforce securities does so under SARFAESI s.26D, which confers the right of enforcement of securities once registration is complete.