TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 4 of Banning of Unregulated Deposit Schemes Act, 2019, prohibits fraudulent defaults in regulated deposit schemes.</h1> Section 4 of the Banning of Unregulated Deposit Schemes Act, 2019, prohibits any deposit taker from committing fraudulent defaults in the repayment or return of deposits accepted under a Regulated Deposit Scheme. This includes ensuring the return of deposits upon maturity and the provision of any promised services related to such deposits. The section aims to protect depositors by mandating the fulfillment of obligations by deposit takers in regulated schemes.
TaxTMI 
