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Protection in good faith shields government and officers from suit or prosecution for acts under the unregulated deposit schemes law. Protection in good faith bars civil and criminal proceedings against the appropriate Government, the Competent Authority, and its officers for acts done or intended to be done under the Banning of Unregulated Deposit Schemes Act, 2019 and its rules, creating an express statutory immunity from suit, prosecution or other legal proceedings for officials acting in furtherance of the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Protection in good faith shields government and officers from suit or prosecution for acts under the unregulated deposit schemes law.</h1> Protection in good faith bars civil and criminal proceedings against the appropriate Government, the Competent Authority, and its officers for acts done or intended to be done under the Banning of Unregulated Deposit Schemes Act, 2019 and its rules, creating an express statutory immunity from suit, prosecution or other legal proceedings for officials acting in furtherance of the Act.
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