Multiple Choice Questions on Secured creditor shall on realisation of his debt in full ........ for IBPS (PO/SO) Preparation

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Multiple Choice Questions

Secured creditor shall on realisation of his debt in full ........

Professional Legal Knowledge SARFAESI Act
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    Secured creditor shall, on realisation of his debt in full

    restore the management of the business of the borrower to him.

    Correct Answer

    does not restore the management of the business of the borrower to him.

    Incorrect Answer

    hold the office of borrower afterwards.

    Incorrect Answer

    none of the above.

    Incorrect Answer
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    Explanation:

    Secured creditor shall, on realisation of his debt in full, restore the management of the business of the borrower to him.

    By: SHIKHA PURI
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