Under the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may direct the…
Section 18(1)(c) of the BUDS Act lets the Designated Court direct the Competent Authority to take possession of the deposit taker's assets and to sell, transfer or realise…
Choose your answer
Under the Banning of Unregulated Deposit Schemes Act, 2019, the Designated Court may direct the Competent Authority to:
Answer and explanation
Correct answer D
Section 18(1)(c) of the BUDS Act lets the Designated Court direct the Competent Authority to take possession of the deposit taker's assets and to sell, transfer or realise the attached assets, so all of the given options are correct.