Banning of Unregulated Deposit Schemes Act 2019

About Banning of Unregulated Deposit Schemes Act 2019 CHAPTER IPRELIMINARY1. Short title extent and commencement2. DefinitionsCHAPTER IIBANNING OF UNREGULATED DEPOSIT SCHEMES3. Banning of Unregulated Deposit Scheme4. Fraudulent default in Regulated Deposit Schemes5. Wrongful inducement in relation to Unregulated Deposit Schemes6. Certain Scheme to be Unregulated Deposit SchemeCHAPTER IIIAUTHORITIES7. Competent Authority8. Designated CourtCHAPTER IVINFORMATION ON DEPOSIT TAKERS9. Central Database10. Information of business by deposit taker11. Information to be sharedCHAPTER VRESTITUTION TO DEPOSITORS12. Priority of depositor’s claim13. Precedence of Attachment14. Application for confirmation of attachment and sale of Property15. Confirmation of Attachment by Designated Court16. Attachment of Property of malafide transferees17. Payment in lieu of attachment18. Powers of Designated Court19. Appeal to High Court20. Power of Supreme Court to transfer casesCHAPTER VIOFFENCES AND PUNISHMENTS21. Punishment for contravention of Section 322. Punishment for contravention of Section 423. Punishment for contravention of Section 524. Punishment for repeat offenders25. Offences by deposit takers other than individuals26. Punishment for contravention of Section 1027. Cognizance of offencesCHAPTER VIIINVESTIGATION SEARCH AND SEIZURE28. Offences to be cognizable and non-bailable29. Competent Authority to be informed of offences30. Investigation of offences by Central Bureau of Investigation31. Power to enter search and seize without warrant32. Application of Code of Criminal Procedure 1973 (2 of 1974) to proceedings before Designated CourtCHAPTER VIIIMISCELLANEOUS33. Publication of advertisement of Unregulated Deposit Scheme34. Act to have overriding effect35. Application of other laws not barred36. Protection of action taken in good faith37. Power of Central Government to make Rules38. Power of State Government etc. to make rules39. Laying of rules40. Power to amend First Schedule41. Act not to apply certain deposits42. Amendment to certain enactments43. Power to remove difficulties44. Repeal and savingThe First Schedule Regulated Deposit SchemesThe Second Schedule Amendments to Certain EnactmentsAppendix 1 Banning of Unregulated Deposit Schemes Rules 2020 Appendix 2 State Rules 1. The Arunachal Pradesh Banning of Unregulated Deposit Schemes Rules 2023 2. The Assam Banning of Unregulated Deposit Schemes Rules 20223. The Bihar Banning of Unregulated Deposit Schemes Rules 20234. The Delhi Banning of Unregulated Deposit Schemes Rules 20245. The Goa Banning of Unregulated Deposit Schemes Rules 20226. The Haryana Banning of Unregulated Deposit Schemes Rules 20237. The Jammu and Kashmir Banning of Unregulated Deposit Schemes Rules 20228. The Karnataka Banning of Unregulated Deposit Schemes Rules 20209. The Kerala Banning of Unregulated Deposit Schemes Rules 202110. The Manipur Banning of Unregulated Deposit Schemes Rules 202111. The Nagaland Banning of Unregulated Deposit Schemes Rules 202312. The Puducherry Banning of Unregulated Deposit Schemes Rules 202313. The Punjab Banning of Unregulated Deposit Schemes Rules 202314. Rajasthan Banning of Unregulated Deposit Schemes Rules 202215. The Sikkim Banning of Unregulated Deposit Schemes Rules 202516. The Tamil Nadu Banning of Unregulated Deposit Schemes Rules 202317. The Uttarakhand Banning of Unregulated Deposit Schemes Rules 2021