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Which of the following statements is correct under Section 2 of the SARFAESI Act, 2002?

Section 2 contains the definitions governing the expressions used in the Act, not the acquisition procedure, Debts Recovery Tribunal appeals, or cancellation of…

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Which of the following statements is correct under Section 2 of the SARFAESI Act, 2002?

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Correct answer B

Section 2 contains the definitions governing the expressions used in the Act, not the acquisition procedure, Debts Recovery Tribunal appeals, or cancellation of registration, which are addressed elsewhere.

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