Under Section 20(3) of the Banning of Unregulated Deposit Schemes Act, 2019, compensation may be…
Section 20(3) of the BUDS Act allows compensation where the Supreme Court finds the transfer application frivolous or vexatious, not merely delayed, unsupported by…
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Under Section 20(3) of the Banning of Unregulated Deposit Schemes Act, 2019, compensation may be ordered if the application is:
Answer and explanation
Correct answer C
Section 20(3) of the BUDS Act allows compensation where the Supreme Court finds the transfer application frivolous or vexatious, not merely delayed, unsupported by affidavit, or filed by the Competent Authority.