The Designated Court under Section 15 of the Banning of Unregulated Deposit Schemes Act, 2019 acts upon…
Under section 15(1) of the BUDS Act, the Designated Court acts upon receipt of an application filed under section 14 for confirmation of attachment, not sections 10, 12 or 18.
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The Designated Court under Section 15 of the Banning of Unregulated Deposit Schemes Act, 2019 acts upon an application filed under:
Answer and explanation
Correct answer C
Under section 15(1) of the BUDS Act, the Designated Court acts upon receipt of an application filed under section 14 for confirmation of attachment, not sections 10, 12 or 18.