Question

Under the SARFAESI Act, 2002, any person aggrieved by measures taken by a secured creditor under Section 13 may prefer an appeal before the Debts Recovery Tribunal within how many days from the date on which such measures were taken?

A Sixty days from the date on which the measure was taken, that being the period allowed for discharge of the debt under the demand notice.
B Ninety days from the date on which the measure was taken, the Tribunal being empowered to condone delay beyond that period.
C Fifteen days from the date on which the measure was taken, the period applicable to the communication of reasons by the creditor.
D Thirty days from the date on which the measure was taken, the Tribunal having power to entertain the appeal within that time.
E Forty-five days from the date on which the measure was taken, the Tribunal being empowered to condone delay for sufficient cause.
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