Under Section 15(3)(c) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may:
Section 15(3)(c) allows the Designated Court to cancel "the provisional order of attachment", as an alternative to making it absolute or varying it. Acquittal and closure of…
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Under Section 15(3)(c) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may:
Answer and explanation
Correct answer A
Section 15(3)(c) allows the Designated Court to cancel "the provisional order of attachment", as an alternative to making it absolute or varying it. Acquittal and closure of an investigation belong to the criminal process, not to an order under this clause.