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Section 27 - Banning of Unregulated Deposit Schemes Act, 2019

27. Cognizance of offences.-

Notwithstanding anything contained in section 4, no Designated Court shall take cognizance of an offence punishable under that section except upon a complaint made by the Regulator: Provided that the provisions of section 4 and this section shall not apply in relation to a deposit taker which is a company.

Related Sections

Section 26: Punishment for contravention of section 10
Section 18: Powers of Designated Court
Section 14: Application for confirmation of attachment and sale of property
Section 11: Information to be shared
Section 13: Precedence of attachment

Related Acts

Collection of Statistics (Amendment) Act, 2017
Marine Aids to Navigation Act, 2021
Goods and Services Tax (Compensation to States) Amendment Act, 2018
Major Port Authorities Act, 2021
Repealing and Amending Act, 2017

* Only for reference.