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.
Every year first Sunday of May is observed as which of the following days?
Where is the APJ Abdul Kalam Missile observatory located?
Where is headquarter of International Labour Organisation?
IRDAI was established on -
Recently who was honored with the Rabindranath Tagore Literary Prize for the year 2019?
Under the PM E-DRIVE Scheme, what is the maximum incentive amount per kWh available for electric vehicles in FY 2024-25?
Which of the following statements is/are true?
1. Generally, an unbalanced gender ratio is found in India's northern cities.
2.In contrast...
Union Minister Amit Shah lays foundation stone of Rani Gaidinliu museum in _________.
In which state are Digboi, Naharkatiya, Hagrijan-Moran and Surma river valley oil fields located?
Ahmedabad, known as 'Manchester of India', is situated by which river?
