THE BANNING OF UNREGULATED DEPOSIT SCHEMES ACT 2019 [BUDS] - By CA Palak Pavagadhi

[@RashmiDeepak-vv5gb]

Thanks for informing

[@ganeshr9565]

Thanks a lot sir.. good information

[@syedafarzana3679]

Can u plz tell weather we can apply for buds act in IMA ponzy scam

[@puspendrapatle7900]

इस एक्ट में कितनी सजा है अगर 7साल से कम है तो कोई मतलब नहीं है

[@sumayrayadav3859]

Ur voice tempo makes it so difficult to understand.

[@RishiKumar-xt3wm]

Can I give a loan amounting to 30 lakhs to a young entrepreneur for running a poltry farm/hatchery. He is not my relative

[@pbpavagadhi6609]

Yes you can if the receiver is taking for his business

[@chaityamodi9411]

AFTER LONG TIME STILL SAME FEELING

[@ajitjejurkar811]

if a partner of LLP gives loan to LLP,is it regulated or unregulated deposit?

[@sdijenn9754]

Dear sir kindly confirm if the business is not a fixed one but having small small diverse portfolios then will this Act applies???

[@catejasgohil9375]

Thanks for sharing knowledge sir , I would like to ask if money lender given money on jewellery whether they are covered ? And whether theirs is any legal requirements for any registration or anything.

[@sdijenn9754]

Money lending business itself is not allowed under this Act.

[@adv.pravinwagh5342]

Thank you sir

[@123321vishnu]

Thankyou

[@syedafarzana3679]

Pl reply

[@sdijenn9754]

Yes all ponzy schemes are covered under this Act

[@sdijenn9754]

This is basically to stop ponzy schemes only.

[@canotifications205]

Good efforts sir