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    Question

    Under the SARFAESI Act, the secured creditor must give a

    notice period of how many days before taking possession of the secured asset?
    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 Act mandates a 60-day notice before possession or sale of secured assets.

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