"Designated Court" under Section 2(7) of the Banning of Unregulated Deposit Schemes Act, 2019 means a…
BUDS s.2(7) read with section 8 defines Designated Court as one constituted, with the concurrence of the High Court, by the appropriate Government, not by the Supreme Court,…
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"Designated Court" under Section 2(7) of the Banning of Unregulated Deposit Schemes Act, 2019 means a court constituted by:
Answer and explanation
Correct answer C
BUDS s.2(7) read with section 8 defines Designated Court as one constituted, with the concurrence of the High Court, by the appropriate Government, not by the Supreme Court, High Court alone or RBI.