Question
As per the provisions of the SARFAESI Act, if the
borrower fails to comply with the notice, the Bank may:Solution
1. Take possession of the security for the loan 2. Sale or lease or assign the right over the security 3. Manage the same or appoint any person to manage the same The SARFAESI Act also provides for that establishment of Asset Reconstruction Companies (ARCs) regulated by RBI to acquire assets from banks and financial institutions. The Act provides for sale of financial assets by banks and financial institutions to asset reconstruction companies (ARCs).
Post discontinuation of LIBOR, the RBI has proposed to revise the all-in-cost ceiling for ECBs to _______
Weighted average Cost of capital for Lavi Ltd. is 12%. Lavi Ltd. has issued equity worth Rs. 45 lakhs, 5% debt worth Rs. 15 lakhs and 6% preference sha...
An examination of a company's financial records to derive evidence which can be used in a court of law or legal proceeding is known as ________
Which of the following methods is not a method of quantitative control by RBI?
Under the Indian Trusts Act, 1882, when does the beneficiary's interest in the trust property vest? Â
Which segment of the debt markets has highest market capitalization?
Find the incorrect option regarding the elasticity of commodities?
What is the main goal of Organizational Behavior (OB)?
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?Â
The cost of an asset on 01-01-2002 is 5,00,000 and its life is 10 years with salvage value is zero. If it is sold on 31-12-2008 for 50,000 than calculat...