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Chandu

· started a discussion

· 1 Months ago

general awareness (Question:112571.0)

what is sfaishi adhiniyam

Question:
Which of the following committees suggested the Sarfaesi Act?
Options:
A)

Abid Hussain Committee

B) Bhagwati Committee
C) Chelliah Committee
D) Narsimhan Committee
Solution:
The Narsimham Committee was set up in 1991 and in 1998 had suggested the Sarfaesi Act

Knowledge Expert

· commented

· 1 Months ago

Dear student
The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (also known as the SARFAESI Act) is an Indian law. It allows banks and other financial institution to auction residential or commercial properties (of Defaulter) to recover loans.


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