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Which of the following statements is correct under Section 30C of the SARFAESI Act, 2002?

SARFAESI s.30C provides for the Appellate Authority; recovery of penalties, appeal against penalties and imposition of penalties by the Adjudicating Authority are addressed…

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Which of the following statements is correct under Section 30C of the SARFAESI Act, 2002?

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Answer and explanation

Correct answer B

SARFAESI s.30C provides for the Appellate Authority; recovery of penalties, appeal against penalties and imposition of penalties by the Adjudicating Authority are addressed under ss.30D, 30B and 30A.

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