Question
Under the SARFAESI Act, secured creditors can enforce
their security and take possession of assets without court intervention if the borrower’s account is classified as:Solution
The SARFAESI Act, 2002 allows banks and financial institutions to take over secured assets of borrowers if the loan is classified as an NPA and the borrower fails to repay even after a 60-day notice.
Bhartiya Sakshya Adhiniyam is an act to_____________.
Under the RTI Act, 2005, what is the time limit for a Public Information Officer (PIO) to respond to an RTI application?
As per Reg 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015, which individuals are excluded from the definition of an "employee" for the...
What is the primary aim of the Mischief Rule in statutory interpretation?
Dying declaration is admissible as evidence before the court of law as per which section of the Indian Evidence Act, 1872?
Which of the following statement is incorrect about lease under Transfer of Property Act, 1882?
Â
I.             Lease ca...
A is accused of murder. He alleges that by grave and sudden provocation he was deprived of the power of self-control. B denies this fact
A small company is a company whose paid-up capital and turn over shall________________
“Evil should be returned by evil”. This theory is known as
According to the Contract Act who can become an Agent?