The appeal under Section 19 of the Banning of Unregulated Deposit Schemes Act, 2019 may be filed by:
Section 19 of the BUDS Act lets any person including the Competent Authority file the appeal, so the Competent Authority may also appeal, not depositors, accused persons or…
Choose your answer
The appeal under Section 19 of the Banning of Unregulated Deposit Schemes Act, 2019 may be filed by:
Answer and explanation
Correct answer A
Section 19 of the BUDS Act lets any person including the Competent Authority file the appeal, so the Competent Authority may also appeal, not depositors, accused persons or the State Government alone.