The proviso to Section 27 of the Banning of Unregulated Deposit Schemes Act, 2019 states that Sections…
The proviso to section 27 of the BUDS Act states that sections 4 and 27 shall not apply where the deposit taker is a company, not a partnership firm, co-operative society or…
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The proviso to Section 27 of the Banning of Unregulated Deposit Schemes Act, 2019 states that Sections 4 and 27 shall not apply in relation to:
Answer and explanation
Correct answer B
The proviso to section 27 of the BUDS Act states that sections 4 and 27 shall not apply where the deposit taker is a company, not a partnership firm, co-operative society or trust.