The period for filing application under Section 14(1) of the Banning of Unregulated Deposit Schemes…
Section 14(1) of the BUDS Act allows the thirty-day period for filing the application to extend up to sixty days for reasons recorded in writing, not forty-five, ninety or…
Choose your answer
The period for filing application under Section 14(1) of the Banning of Unregulated Deposit Schemes Act, 2019 may extend up to:
Answer and explanation
Correct answer B
Section 14(1) of the BUDS Act allows the thirty-day period for filing the application to extend up to sixty days for reasons recorded in writing, not forty-five, ninety or one hundred twenty days.