Which of the following statements is correct under Section 22 of the SARFAESI Act, 2002?
Section 22 is headed "Register of securitisation, reconstruction and security interest transactions". The Central Registrar is appointed under section 21, transactions are…
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Which of the following statements is correct under Section 22 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer B
Section 22 is headed "Register of securitisation, reconstruction and security interest transactions". The Central Registrar is appointed under section 21, transactions are filed under section 23, and audit and inspection by the Reserve Bank is section 12B.