Under the Banning of Unregulated Deposit Schemes Act, 2019, the sixty-day limitation period is counted…
Section 19 of the BUDS Act runs the sixty-day limitation from the date of the final order of the Designated Court, not from the date of complaint, attachment or investigation.
Choose your answer
Under the Banning of Unregulated Deposit Schemes Act, 2019, the sixty-day limitation period is counted from:
Answer and explanation
Correct answer C
Section 19 of the BUDS Act runs the sixty-day limitation from the date of the final order of the Designated Court, not from the date of complaint, attachment or investigation.