Business Studies · Depositories Act 1996
Under Section 19-IB of the Depositories Act, 1996, the Recovery Officer can recover dues through which of the following methods?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Confiscation of securities only
- 2Arrest, attachment and sale of property, freezing of bank accounts, and appointment of a receiver✓
- 3Only bank account freezing
- 4Only attachment of immovable property
Correct answer
Arrest, attachment and sale of property, freezing of bank accounts, and appointment of a receiver
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