Under Section 7(3) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority may…
Under section 7(3) of the BUDS Act, provisional attachment may cover deposits held by the deposit taker and money or property acquired in its own name or in another person's…
Choose your answer
Under Section 7(3) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority may provisionally attach:
Answer and explanation
Correct answer D
Under section 7(3) of the BUDS Act, provisional attachment may cover deposits held by the deposit taker and money or property acquired in its own name or in another person's name on its behalf, so all of the given options are correct.