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      Question

      If a borrower wants to challenge a bank's action under

      the SARFAESI Act, where must they file an application?
      A National Company Law Tribunal (NCLT) Correct Answer Incorrect Answer
      B High Court Correct Answer Incorrect Answer
      C Debt Recovery Tribunal (DRT) Correct Answer Incorrect Answer
      D Supreme Court Correct Answer Incorrect Answer
      E District Consumer Forum Correct Answer Incorrect Answer

      Solution

      The borrower can challenge the bank's action by filing an application before the Debt Recovery Tribunal (DRT).

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