Banning of Unregulated Deposit Schemes Act 2019 With Statement of Objects and Reasons & Notes on Clauses & Prize Chits and Money Circulation Schemes (Banning) Act 1978

Banning of Unregulated Deposit Schemes Act 2019 With Statement of Objects and Reasons & Notes on Clauses & Prize Chits and Money Circulation Schemes (Banning) Act 1978. The law/ legal book from Professional contains: Banning of Unregulated Deposit Schemes Act 2019 With Statement of Objects and Reasons & Notes on Clauses & Prize Chits and Money Circulation Schemes (Banning) Act 1978 CHAPTER I : PRELIMINARY Short title extent and commencement Definitions. CHAPTER II : BANNING OF UNREGULATED DEPOSIT SCHEMES Banning of Unregulated Deposit Schemes Fraudulent default in Regulated Deposit Schemes Wrongful inducement in relation to Unregulated Deposit Schemes Certain scheme to be Unregulated Deposit Scheme. CHAPTER III : AUTHORITIES Competent Authority Designated Court . CHAPTER IV : INFORMATION ON DEPOSIT TAKERS Central database Information of business by deposit taker Information to be shared . CHAPTER V : RESTITUTION TO DEPOSITORS Priority of depositors' claim Precedence of attachment Application for confirmation of attachment and sale of property Confirmation of attachment by Designated Court Attachment of property of mala fide transferees Payment in lieu of attachment Powers of Designated Court Appeal to High Court Power of Supreme Court to transfer cases