Under Section 7(6) of the Banning of Unregulated Deposit Schemes Act, 2019, summoned persons are bound…
Section 7(6) binds every person summoned to "state the truth upon any subject respecting which" he is examined or makes statements, and to produce the documents required.…
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Under Section 7(6) of the Banning of Unregulated Deposit Schemes Act, 2019, summoned persons are bound to state:
Answer and explanation
Correct answer B
Section 7(6) binds every person summoned to "state the truth upon any subject respecting which" he is examined or makes statements, and to produce the documents required. The duty is to tell the truth on the matters examined, not to confine answers to one's own books or an advocate's advice.