Question
a situation where there is a lack of resources or
necessitiesSolution
Scarcity is a situation where there is a lack of resources or necessities. Abundance is a situation where there is an excess or plentiful supply of something. Surplus is a situation where there is an excess of something beyond what is needed or required. Excess is a situation where there is too much of something beyond what is necessary or desirable.
Under Section 14 of the SARFAESI Act, 2002, the Chief Metropolitan Magistrate or District Magistrate shall assist secured creditor by:
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