The show cause notice under Section 15(1) of the Banning of Unregulated Deposit Schemes Act, 2019…
Section 15(1) of the BUDS Act asks the noticees to show cause why the order of attachment should not be made absolute and the attached properties sold, not about bail,…
Choose your answer
The show cause notice under Section 15(1) of the Banning of Unregulated Deposit Schemes Act, 2019 relates to why:
Answer and explanation
Correct answer B
Section 15(1) of the BUDS Act asks the noticees to show cause why the order of attachment should not be made absolute and the attached properties sold, not about bail, ongoing investigation or tax recovery.