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Chapter VIII

Miscellaneous

33. Publication of advertisement of Unregulated Deposit Scheme.-

Where any newspaper or other publication of any nature, contains any statement, information or advertisement promoting, soliciting deposits for, or inducing any person to become a member of any Unregulated Deposit Scheme, the appropriate Government may direct such newspaper or publication to publish a full and fair retraction, free of cost, in the same manner and in the same position in such newspaper or publication as may be prescribed.



Banning of Unregulated Deposit Schemes Act, 2019 Back




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