Question
Which section of the Securitisation and Reconstruction of
Financial Assets and Enforcement of Security Interest Act, 2002 deals with the enforcement of security interest?Solution
Section 13. Enforcement of security interest.—(1) Notwithstanding anything contained in section 69 or section 69A of the Transfer of Property Act, 1882 (4 of 1882), any security interest created in favour of any secured creditor may be enforced, without the intervention of court or tribunal, by such creditor in accordance with the provisions of this Act
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The marginal rate of substitution (MRS) represents:
