Logo
Court Book - India Code App - Play Store

advertisement

Section 5

Wrongful Inducement in Relation to Unregulated Deposit Schemes.

The Banning of Unregulated Deposit Schemes Act, 2019
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.