The attachment under Section 16 of the Banning of Unregulated Deposit Schemes Act, 2019 relates to…
Section 16 of the BUDS Act ties the attachment to property equivalent to the proper value of the property transferred, not its market rent, a Government valuation, or stamp…
Choose your answer
The attachment under Section 16 of the Banning of Unregulated Deposit Schemes Act, 2019 relates to property equivalent to:
Answer and explanation
Correct answer B
Section 16 of the BUDS Act ties the attachment to property equivalent to the proper value of the property transferred, not its market rent, a Government valuation, or stamp duty payable.