Priya took a housing loan from a bank and has defaulted for over a year, so her account has been classified as a non-performing asset. The bank now wants to enforce its security interest without approaching a court. Under Section 13(2) of the SARFAESI Act, 2002, the bank must first issue a notice requiring her to discharge her liabilities in full within which period?

Section 13(2) of the SARFAESI Act, 2002 permits a secured creditor to enforce its security interest without the intervention of a court or tribunal once the borrower's account is classified as a non-performing asset. Before taking actual measures, the creditor must issue a notice to the borrower requiring him to discharge his liabilities in full within sixty days from the date of the notice. This sixty-day window distinguishes the pre-enforcement notice from the fifteen-day response period under Section 13(3A) and the forty-five day appeal period under Section 17. If the borrower fails to comply, the creditor may proceed under Sections 13(4) and 14 to take possession, sell the asset and apply the proceeds towards the debt. The other figures are unrelated to the notice period.