Which of the following statements is correct under Section 12A of the SARFAESI Act, 2002?
SARFAESI s.12A empowers the Reserve Bank to call for statements and information from asset reconstruction companies; audit, security receipts and dispute resolution are…
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Which of the following statements is correct under Section 12A of the SARFAESI Act, 2002?
Answer and explanation
Correct answer A
SARFAESI s.12A empowers the Reserve Bank to call for statements and information from asset reconstruction companies; audit, security receipts and dispute resolution are governed by other provisions.