The Supreme Court acts under Section 20 of the Banning of Unregulated Deposit Schemes Act, 2019 only on:
Section 20(2) allows the Supreme Court to act under the section only on an application filed by the Competent Authority or an "interested party". It does not transfer cases…
Choose your answer
The Supreme Court acts under Section 20 of the Banning of Unregulated Deposit Schemes Act, 2019 only on:
Answer and explanation
Correct answer B
Section 20(2) allows the Supreme Court to act under the section only on an application filed by the Competent Authority or an "interested party". It does not transfer cases on its own motion, on police advice or on a reference from a Designated Court.