Under Section 15(3)(a) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may:
Section 15(3)(a) lets the Designated Court make "the provisional order of attachment absolute", while the next two clauses let it vary or cancel the order instead. It does…
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Under Section 15(3)(a) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may:
Answer and explanation
Correct answer B
Section 15(3)(a) lets the Designated Court make "the provisional order of attachment absolute", while the next two clauses let it vary or cancel the order instead. It does not vest the property in the Government or close the criminal case.