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What is net owned value prescribed for ARC under SARFAESI ACT ?
not less than 100 cr rupees
not less than 2 cr rupees.
not less than 20 cr rupees.
not less than 50 cr rupees.
ARC can not get certificate of registration with RBI if its net owned fund is less than 100 cr rupees. In old books it is mentioned 2 cr rupees. But now the value is 100 cr rupees.
By: SHIKHA PURI ProfileResourcesReport error
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