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    Question

    What is the maximum time allowed under SARFAESI Act for

    the borrower to repay dues after a demand notice is issued?
    A 15 days Correct Answer Incorrect Answer
    B 30 days Correct Answer Incorrect Answer
    C 45 days Correct Answer Incorrect Answer
    D 60 days Correct Answer Incorrect Answer
    E 90 days Correct Answer Incorrect Answer

    Solution

    SARFAESI allows 60 days after issuance of demand notice for borrowers to repay dues before further action.

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