Under Section 15(3) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court shall…
Section 15(3) requires the Designated Court to pass its order "after adopting such procedure as may be prescribed". It does not wait for the police report and needs no State…
Choose your answer
Under Section 15(3) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court shall pass an order after:
Answer and explanation
Correct answer B
Section 15(3) requires the Designated Court to pass its order "after adopting such procedure as may be prescribed". It does not wait for the police report and needs no State Government or Reserve Bank approval.