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

March 12, 2019[2019] 103 129 (Article)
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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