Under the Banning of Unregulated Deposit Schemes Act, 2019, the order continuing or modifying…
Section 13(2)(a) of the BUDS Act ties continuation of attachment to an order under section 15 passed by the Designated Court, not the Competent Authority, a police authority…
Choose your answer
Under the Banning of Unregulated Deposit Schemes Act, 2019, the order continuing or modifying attachment is passed by:
Answer and explanation
Correct answer B
Section 13(2)(a) of the BUDS Act ties continuation of attachment to an order under section 15 passed by the Designated Court, not the Competent Authority, a police authority or the Reserve Bank of India.