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What is the time limit for challenging a 13(4) action?

Posted by jobseeker Vipra | Approved
Answers (2)

Under Section 13(4) of Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002,

Answered by jobseeker Komal Madaan | Approved

Under Section 17 of SARFEASI Act, 2002, the time limit for challenging an action taken under Section 13(4) of the SARFAESI Act is 45 days from the date the lender takes possession of the secured asset or otherwise exercises measures under Section 13(4).

Answered by jobseeker Komal Madaan | Approved

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