Question
Which station of the amended SARFAESI Act allows for the
filing of a caveat by the lender in cases in which an appeal is expected?Solution
The Act was recently amended in January 2013 by The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2011, Section 18C of the new Act allows for the filing of a caveat by the lender in cases in which an appeal is expected. It takes away a major portion of the rights of the borrowers, as they will be unable to procure an ex-parte order if a caveat has been filed and the tribunal will compulsorily be required to hear the lender.
Which of the following has recently been added to the UNESCO list of intangible cultural heritages of humanity
In case of mutually exclusive projects and when NPV and IRR giving conflicting results, go for the project having higher IRR
When is Indian Organ Donation Day observed to promote awareness about organ donation and commemorate the generosity of donors?
Which instrument is predominantly used in the music of the Bauls?
RBI can issue any amount of notes on the basis of reserves maintained in the form of
Which country is also known as the land of pagodas?
Who was the first Indian bodybuilder to win the Mr.Universe title?
Nahar Wildlife Sanctuary is located in which state of India?
Which Indian city will soon get its first robocop?
Which of the following is not a member of SAARC (South Asian Association for Regional Corporation)?
