Section 13 of the Banning of Unregulated Deposit Schemes Act, 2019 gives priority over attachments made…
Under section 13(1) of the BUDS Act, the provisional attachment order has precedence over any attachment for repayment of debts, revenues, taxes, cesses and other rates…
Choose your answer
Section 13 of the Banning of Unregulated Deposit Schemes Act, 2019 gives priority over attachments made for recovery of:
Answer and explanation
Correct answer D
Under section 13(1) of the BUDS Act, the provisional attachment order has precedence over any attachment for repayment of debts, revenues, taxes, cesses and other rates payable to Government or a local authority, so all of the given options are correct.