Which of the following persons may apply under Section 17(1) of the Banning of Unregulated Deposit…
Section 17(1) of the BUDS Act lets the deposit taker, a person referred to in section 15(1), or a transferee referred to in section 16 apply for permission to deposit fair…
Choose your answer
Which of the following persons may apply under Section 17(1) of the Banning of Unregulated Deposit Schemes Act, 2019?
Answer and explanation
Correct answer D
Section 17(1) of the BUDS Act lets the deposit taker, a person referred to in section 15(1), or a transferee referred to in section 16 apply for permission to deposit fair value in lieu of attachment, so all of the given options are correct.