Answer-What does the term 'asset reconstruction' refer to?

SARFAESI Act Section 2 b asset reconstruction means acquisition by any asset reconstruction company of any right or interest of any bank or financial institution in any financial assistance for the purpose of realisation of such financial assistance.

Question

What does the term "asset reconstruction" refer to?

A Reallocation of assets within a bank or financial institution

B Realization of financial assistance by a bank or financial institution

C Transfer of assets from an asset reconstruction company to a bank or financial institution

D Acquisition of assets by a bank or financial institution from an asset reconstruction company

E Acquisition by an asset reconstruction company of any right or interest of a bank or financial institution in financial assistance for realization purposes

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What does the term "asset reconstruction" refer to?

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