Under Section 18(2) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may…
Section 18(2) lets the Designated Court make such order as it "considers just and reasonable" on the application. The aim is fairness to the applicant and the depositors,…
Choose your answer
Under Section 18(2) of the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may pass such order as it considers:
Answer and explanation
Correct answer C
Section 18(2) lets the Designated Court make such order as it "considers just and reasonable" on the application. The aim is fairness to the applicant and the depositors, not punishment or the State's convenience.