Question
Regarding the SARFAESI Act, 2002, consider these statements: 1. It allows banks to auction properties without the intervention of a court. 2. It can be invoked even if the security interest is less than ₹1 Lakh. 3. The borrower has the right to approach the Debt Recovery Tribunal (DR
- T after the 60-day notice period. Which of the statements above is/are correct?
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