Which of the following statements is correct under Section 10 of the SARFAESI Act, 2002?
Section 10 deals with the other functions of an asset reconstruction company, distinguishing it from section 8's exemption from registration of security receipts, section…
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Which of the following statements is correct under Section 10 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer A
Section 10 deals with the other functions of an asset reconstruction company, distinguishing it from section 8's exemption from registration of security receipts, section 6's notice to obligor, and section 5's acquisition of rights in financial assets.