Under Section 28 of the Banning of Unregulated Deposit Schemes Act, 2019, offences under the Act are…
Section 28 makes every offence punishable under the Act cognizable and non-bailable, "notwithstanding anything contained in the Code of Criminal Procedure, 1973", except the…
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Under Section 28 of the Banning of Unregulated Deposit Schemes Act, 2019, offences under the Act are generally:
Answer and explanation
Correct answer B
Section 28 makes every offence punishable under the Act cognizable and non-bailable, "notwithstanding anything contained in the Code of Criminal Procedure, 1973", except the offences under sections 22 and 26. Offences under the Act are tried by the Designated Court, not by a Magistrate.