Under Section 17(2) of the Banning of Unregulated Deposit Schemes Act, 2019, while permitting deposit…
Section 17(2) of the BUDS Act lets the Designated Court, while allowing deposit in lieu of attachment, order payment of any sum towards costs as may be applicable, not…
Choose your answer
Under Section 17(2) of the Banning of Unregulated Deposit Schemes Act, 2019, while permitting deposit in lieu of attachment, the Designated Court may order payment towards:
Answer and explanation
Correct answer B
Section 17(2) of the BUDS Act lets the Designated Court, while allowing deposit in lieu of attachment, order payment of any sum towards costs as may be applicable, not damages, interest alone or penalty alone.