The powers of the Competent Authority under Section 7(4) of the Banning of Unregulated Deposit Schemes…
Section 7(4) of the BUDS Act lets the Competent Authority exercise civil court powers while conducting investigation or inquiry under this section, not a trial, election…
Choose your answer
The powers of the Competent Authority under Section 7(4) of the Banning of Unregulated Deposit Schemes Act, 2019 may be exercised while conducting:
Answer and explanation
Correct answer C
Section 7(4) of the BUDS Act lets the Competent Authority exercise civil court powers while conducting investigation or inquiry under this section, not a trial, election proceedings or arbitration.