Which of the following statements is correct under Section 6 of the SARFAESI Act, 2002?
Section 6 is headed "Notice to obligor and discharge of obligation of such obligor". The exemption of security receipts from registration is section 8, measures for assets…
Choose your answer
Which of the following statements is correct under Section 6 of the SARFAESI Act, 2002?
Answer and explanation
Correct answer A
Section 6 is headed "Notice to obligor and discharge of obligation of such obligor". The exemption of security receipts from registration is section 8, measures for assets reconstruction are section 9, and transfer of pending applications is section 5A.