1

State under which given situation, a lender can avail the benefits of SARFAESI Act: – (i) An insolvency application has been launched against the borrower (ii) The borrower is under BIFR (iii) A winding up petition has been made against the borrower (iv) A criminal proceeding has been launched by the lender against the borrower

  • A

    In situations (i) & (iii)

  • B

    In situations (ii) & (iv)

  • C

    In situations (ii), (iii) & (iv)

  • D

    In all the given situations (i), (ii), (iii) & (iv)