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Which provision of the Securitisation and Reconstruction of Financial Assets and Enforcement of…

The legal consequences flowing from registration of transactions under the Act are governed by SARFAESI s.26C, distinct from the registration duty in s.26B or enforcement…

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Which provision of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 primarily governs the legal consequences flowing from registration of transactions under that Act?

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Correct answer B

The legal consequences flowing from registration of transactions under the Act are governed by SARFAESI s.26C, distinct from the registration duty in s.26B or enforcement right in s.26D.

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