Money distributed under Section 15(5) of the Banning of Unregulated Deposit Schemes Act, 2019 may…
Under section 15(5) of the BUDS Act, equitable distribution may draw on the money attached or the money realised out of the sale of attached property, so both sources may be…
Choose your answer
Money distributed under Section 15(5) of the Banning of Unregulated Deposit Schemes Act, 2019 may consist of:
Answer and explanation
Correct answer C
Under section 15(5) of the BUDS Act, equitable distribution may draw on the money attached or the money realised out of the sale of attached property, so both sources may be used, not Government grants alone.