Under Section 14(1) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority…
Section 14(1) requires the Competent Authority to apply before the Designated Court for confirmation of provisional attachment and permission to sell. Section 19 separately…
Choose your answer
Under Section 14(1) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority shall file an application before:
Answer and explanation
Correct answer C
Section 14(1) requires the Competent Authority to apply before the Designated Court for confirmation of provisional attachment and permission to sell. Section 19 separately provides a High Court appeal; constitutional supervisory jurisdiction is not eliminated.