Which of the following expressions does NOT expressly occur in the Preamble of the SARFAESI Act, 2002?
The Preamble expressly names securitisation, reconstruction of financial assets, and enforcement of security interest as its subject-matter, but it does not mention winding…
Choose your answer
Which of the following expressions does NOT expressly occur in the Preamble of the SARFAESI Act, 2002?
Answer and explanation
Correct answer D
The Preamble expressly names securitisation, reconstruction of financial assets, and enforcement of security interest as its subject-matter, but it does not mention winding up of companies, which is dealt with under separate company law.