Extension of time under Section 14(1) of the Banning of Unregulated Deposit Schemes Act, 2019 requires:
Under section 14(1) of the BUDS Act, extending the filing period beyond thirty days requires reasons to be recorded in writing, not depositor approval, police permission or…
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Extension of time under Section 14(1) of the Banning of Unregulated Deposit Schemes Act, 2019 requires:
Answer and explanation
Correct answer B
Under section 14(1) of the BUDS Act, extending the filing period beyond thirty days requires reasons to be recorded in writing, not depositor approval, police permission or Central Government notification.