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of <h1>Supreme Court can transfer deposit scheme cases between Designated Courts under Section 20 of the Banning of Unregulated Deposit Schemes Act.</h1> Section 20 of the Banning of Unregulated Deposit Schemes Act, 2019, grants the Supreme Court the authority to transfer cases between Designated Courts when there is a default in deposit schemes as outlined in section 30. This power is exercised upon an application by the Competent Authority or an interested party, supported by an affidavit. If such an application is dismissed and deemed frivolous or vexatious, the Supreme Court may order the applicant to compensate the opposing party up to fifty thousand rupees.
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