Question

    Under Section 17 of the SARFAESI Act, any person

    aggrieved by any of the measures referred to in Section 13(4) may make an application to: 
    A The High Court within 30 days. Correct Answer Incorrect Answer
    B The DRT within 45 days. Correct Answer Incorrect Answer
    C The DRAT within 60 days. Correct Answer Incorrect Answer
    D The District Collector within 15 days. Correct Answer Incorrect Answer
    E The Supreme Court within 90 days. Correct Answer Incorrect Answer

    Solution

    Under Section 17 of the SARFAESI Act, an aggrieved person (like a borrower) can file an application with the Debts Recovery Tribunal within 45 days of the action taken by the secured creditor

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