Under section 15(3) of the Banning of Unregulated Deposit Schemes Act, 2019, where the Designated Court…
Section 15(3) of the BUDS Act directs that, on an order under clause (a) or (b), the Competent Authority sell the attached property by public auction or, if necessary, by…
Choose your answer
Under section 15(3) of the Banning of Unregulated Deposit Schemes Act, 2019, where the Designated Court makes the provisional order of attachment absolute or varies it by releasing a portion of the property, it may direct the Competent Authority to sell the attached property by:
Answer and explanation
Correct answer C
Section 15(3) of the BUDS Act directs that, on an order under clause (a) or (b), the Competent Authority sell the attached property by public auction or, if necessary, by private sale, so both methods are available.