Which of the following statements is correct under Section 13 of the SARFAESI Act, 2002?
SARFAESI s.13 deals with enforcement of security interest by the secured creditor; takeover of management, compensation to directors and cancellation of registration are…
Choose your answer
Which of the following statements is correct under Section 13 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer B
SARFAESI s.13 deals with enforcement of security interest by the secured creditor; takeover of management, compensation to directors and cancellation of registration are addressed under other provisions.