Which of the following statements is correct under Section 26C of the SARFAESI Act, 2002?
Section 26C is headed "Effect of the registration of transactions, etc.". Registration by creditors is section 26B, priority of secured creditors section 26E, and…
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Which of the following statements is correct under Section 26C of the SARFAESI Act, 2002?
Answer and explanation
Correct answer A
Section 26C is headed "Effect of the registration of transactions, etc.". Registration by creditors is section 26B, priority of secured creditors section 26E, and modification of a registered security interest section 24.