BUDS Act provisions to be strictly enforced in State
The State government has sought strict enforcement of the provisions of the Banning of Unregulated Deposit Schemes Act (BUDS Act). District Collectors have been directed to act promptly on orders issued by the Competent Authority, Banning of Unregulated Deposit Schemes Act (BUDS Act), and attach the properties of ‘deposit takers’ found to be operating unregulated … Read more