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      Question

      Under Section 30B of the SARFAESI Act, an appeal against

      the order of the adjudicating authority imposing penalty under Section 30A must be preferred within what period from the date of receipt of the order?
      A 90 days Correct Answer Incorrect Answer
      B 15 days Correct Answer Incorrect Answer
      C 60 days Correct Answer Incorrect Answer
      D 21 days Correct Answer Incorrect Answer
      E 30 days Correct Answer Incorrect Answer

      Solution

      Section 30B provides for an appeal mechanism against the penalty imposed by the adjudicating authority under Section 30A. The appeal must be preferred within 30 days from the date of receipt of the order to the Appellate Authority constituted under Section 30C. The Appellate Authority under Section 30C is the authority or person specified by the Central Government in this behalf. The 30-day appeal period is a standard limitation that reflects the legislature's intent to ensure timely finality in regulatory penalty proceedings. Under Section 30D, penalties imposed and not paid within the prescribed period are recoverable as arrears of land revenue or under other summary recovery mechanisms.

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