Under Section 17 of the Banning of Unregulated Deposit Schemes Act, 2019, payment in lieu of attachment…
Under section 17(1) of the BUDS Act, payment in lieu of attachment may be applied for at any time before confirmation of attachment, not only after confirmation, criminal…
Choose your answer
Under Section 17 of the Banning of Unregulated Deposit Schemes Act, 2019, payment in lieu of attachment may be allowed:
Answer and explanation
Correct answer B
Under section 17(1) of the BUDS Act, payment in lieu of attachment may be applied for at any time before confirmation of attachment, not only after confirmation, criminal conviction, or an appellate order.