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Highlights of “Banning of Unregulated Deposit Schemes Ordinance, 2019”

March 12, 2019[2019] 103 taxmann.com 129 (Article)
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The Hon’ble President of India, has promulgated on February 21, 2019 ‘The Banning of Unregulated Deposit Schemes Ordinance, 2019’ (referred to as ‘Ordinance’). The Union Government called it a landmark law that will help fighting the menace of illicit deposits and Ponzi schemes which loot hard earned money of public.
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