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AS INTRODUCED IN LOK SABHA

Bill No. 182 of 2019

THE BANNING OF UNREGULATED DEPOSIT SCHEMES BILL, 2019

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ARRANGEMENT OF CLAUSES

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CHAPTER I

PRELIMINARY

C LAUSES

1. Short title, extent and commencement.

2. Definitions.

CHAPTER II

B ANNING OF U NREGULATED D EPOSIT S CHEMES

3. Banning of Unregulated Deposit Schemes.

4. Fraudulent default in Regulated Deposit Schemes.

5. Wrongful inducement in relation to Unregulated Deposit Schemes.

6. Certain scheme to be Unregulated Deposit Scheme.

CHAPTER III

A UTHORITIES

7. Competent Authority.

8. Designated Court.

CHAPTER IV

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