Under Section 14(2) of the Banning of Unregulated Deposit Schemes Act, 2019, where attachment is made…
Section 14(2) of the BUDS Act requires the confirmation application, where attachment was permitted by a Designated Court in another State or Union territory, to be filed in…
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Under Section 14(2) of the Banning of Unregulated Deposit Schemes Act, 2019, where attachment is made with permission of a Designated Court in another State, confirmation application shall be filed:
Answer and explanation
Correct answer C
Section 14(2) of the BUDS Act requires the confirmation application, where attachment was permitted by a Designated Court in another State or Union territory, to be filed in that same Court, not any local court, the Supreme Court or a police authority.