Under Section 7(4)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority…
Section 7(4)(b) confers civil-court powers to enforce attendance, including that of an officer of a reporting entity, and examine a person on oath. It does not confer the…
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Under Section 7(4)(b) of the Banning of Unregulated Deposit Schemes Act, 2019, the Competent Authority may:
Answer and explanation
Correct answer B
Section 7(4)(b) confers civil-court powers to enforce attendance, including that of an officer of a reporting entity, and examine a person on oath. It does not confer the listed general police power of arrest and detention without warrant, criminal bail jurisdiction or charge-framing jurisdiction.