Under Section 13(2)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, attached money or…
Under section 13(2)(b) of the BUDS Act, attached money or property of the deposit taker vests in the Competent Authority, not the State Government, the deposit taker itself…
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Under Section 13(2)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, attached money or property shall vest in:
Answer and explanation
Correct answer C
Under section 13(2)(b) of the BUDS Act, attached money or property of the deposit taker vests in the Competent Authority, not the State Government, the deposit taker itself or the Central Bureau of Investigation.