Under the Banning of Unregulated Deposit Schemes Act, 2019, no court other than the Designated Court…
Section 8(2) states that "no court other than the Designated Court" shall have jurisdiction in respect of any matter to which the Act applies. The bar is on jurisdiction…
Choose your answer
Under the Banning of Unregulated Deposit Schemes Act, 2019, no court other than the Designated Court shall have:
Answer and explanation
Correct answer C
Section 8(2) states that "no court other than the Designated Court" shall have jurisdiction in respect of any matter to which the Act applies. The bar is on jurisdiction over such matters, not on revisional or administrative powers that courts have under other laws.