No person by whatever
name called shall knowingly make any statement, promise or forecast which is false, deceptive or
misleading in material facts or deliberately conceal any material facts, to induce another person to
invest in, or become a member or participant of any Unregulated Deposit Scheme.
advertisement
Section 5
Wrongful Inducement in Relation to Unregulated Deposit Schemes.
The Banning of Unregulated Deposit Schemes Act, 2019