Important Legal News: April 2019.
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Unregulated Deposit Schemes Ordinance 2019.Objective: To ban Unregulated Deposit Schemes and to protect the interest of the depositors.It aims to prevent such unregulated deposit schemes (not registered with any government regulators like RBI or SEBI) or arrangements at their inception.It also makes soliciting, inviting or accepting deposits pursuant to an unregulated deposited scheme as a punishable offence.Wildlife First & Ors. Vs. Ministry of Environment & For...
