Section 13 of the Banning of Unregulated Deposit Schemes Act, 2019 deals with:
Section 13 is headed "Precedence of attachment" and gives the Competent Authority's provisional attachment priority over other attachments for Government dues. The…
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Section 13 of the Banning of Unregulated Deposit Schemes Act, 2019 deals with:
Answer and explanation
Correct answer B
Section 13 is headed "Precedence of attachment" and gives the Competent Authority's provisional attachment priority over other attachments for Government dues. The depositors' priority in payment is the separate subject of section 12.