Which section of SARFAESI act defines “asset reconstruction company� – McqOptions

MCQOPTIONS

1.	Which section of SARFAESI act defines “asset reconstruction company”?
A.	Section 2(1)(b)
B.	Section 2(1)(ba)
C.	Section 2(1)(a)
D.	Section 2(1)(ab)
E.	None of the above
Answer» C. Section 2(1)(a)

Discussion

No Comment Found

Related MCQs

Provisions of section 12 of the Transfer of Property Act, 1882
A person is not put to his election, unless he has a proprietary interest in the property disposed off in derogation of his rights. This is the subject matter under provisions of:
Under the provisions of section 9 of the Transfer of Property Act, 1882 the transfer includes-
Under section 8 of the Transfer of Property Act, 1882 the legal incidents also includes –
Under the provisions of section 6 of the Transfer of Property Act, 1882, no transfer can be made for an unlawful object or consideration within the meaning of section 23 of the Indian Contract Act, 1872
The committee of creditors may approve a resolution polan made by resolution professional by a vote of not less than _________ percentage of voting share of financial creditors.
Any financial debt raised by the resolution professional during the insolvency resolution process period is known as _________ under Insolvency and Bankruptcy code 2016
Any person who submits a resolution plan to resolution professional is known as _________ under Insolvency and Bankruptcy code 2016.
Who prepares information memorandum under Insolvency and Bankruptcy code 2016?
Appeal against the order of cancellation of certificate of registration of an asset reconstruction company is made to