Under Section 2(10) of the Banning of Unregulated Deposit Schemes Act, 2019, "person" includes:
Section 2(10) provides that "person" includes an individual, a Hindu Undivided Family, a company, a trust, a partnership firm, a limited liability partnership and other…
Choose your answer
Under Section 2(10) of the Banning of Unregulated Deposit Schemes Act, 2019, "person" includes:
Answer and explanation
Correct answer D
Section 2(10) provides that "person" includes an individual, a Hindu Undivided Family, a company, a trust, a partnership firm, a limited liability partnership and other bodies listed there. Each of the three is therefore a person under the Act.