The intimation under Section 10(1) of the Banning of Unregulated Deposit Schemes Act, 2019 shall be…
Section 10(1) requires the intimation "in such form and manner and within such time as may be prescribed". It is not given orally or through court filings, and the deposit…
Choose your answer
The intimation under Section 10(1) of the Banning of Unregulated Deposit Schemes Act, 2019 shall be given:
Answer and explanation
Correct answer A
Section 10(1) requires the intimation "in such form and manner and within such time as may be prescribed". It is not given orally or through court filings, and the deposit taker cannot choose its own time.