Where the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest…
Where the Act specifically provides for imposition of statutory penalties for contraventions, the relevant provision is SARFAESI s.27, titled Penalties.
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Where the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 specifically provides for the imposition of statutory penalties, the relevant provision is:
Answer and explanation
Correct answer B
Where the Act specifically provides for imposition of statutory penalties for contraventions, the relevant provision is SARFAESI s.27, titled Penalties.