Qualified buyers hold security receipts of not less than of the total value of the security receipts...........

Professional Legal Knowledge SARFAESI Act

Qualified buyers hold security receipts of not less than _______. of the total value of the security receipts issued by ARC.

of not less than seventy-five per cent.

of not less than sixty-five per cent.

of not less than forty -five per cent.

none of the above.

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Explanation:

Qualified buyers hold security receipts of not less than seventy-five per cent. of the total value of the security receipts issued by ARC. This provison is given in section 7 of the SARFAESI ACT. ARC raise funds by issuing of security receipts to Qualified buyers.