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

SARFAESI s.30D deals with recovery of penalties; appeals against penalties, the Appellate Authority and imposition of penalties by the Adjudicating Authority are addressed…

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

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Answer and explanation

Correct answer A

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

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