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Is SARFESI act applicable to state level corporations?
21-Sep-2023 (In Corporate Law)
SARFESI act. Is it applicable to state level corporations or not?
Yes it will be if the particular Corporation has been notified by the Central Government in terms of Section 2(C)(V) of the Act. I am assuming here that the State Corporation is the lender as the question is not clear in that context.
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Adv. Diggaj Pathak
Delhi | 25+ Answers
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