Which of the following statements is correct under Section 17 of the SARFAESI Act, 2002?
Section 17 is headed "Application against measures to recover secured debts". The appeal to the Appellate Tribunal is section 18, the borrower's compensation and costs…
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Which of the following statements is correct under Section 17 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer B
Section 17 is headed "Application against measures to recover secured debts". The appeal to the Appellate Tribunal is section 18, the borrower's compensation and costs section 19, and the right to lodge a caveat section 18C.