Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest…
Where different statutory registration systems must be coordinated with the Central Registry so records are integrated for a central database, SARFAESI s.20A is the…
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Under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, where different statutory registration systems are required to function in coordination with the Central Registry, the governing provision is:
Answer and explanation
Correct answer B
Where different statutory registration systems must be coordinated with the Central Registry so records are integrated for a central database, SARFAESI s.20A is the governing provision.