All about the Unregulated Deposit Schemes Ordinance
The govt has promulgated the Unregulated Deposit Schemes Ordinance 2019 to curb ponzi schemes that dupe people.
By ET Bureau | Updated:
BCCL
Under it, there is no ban on a loan from relative to tide over a crisis
The govt has promulgated the Unregulated Deposit Schemes Ordinance 2019 to curb ponzi schemes that dupe people. An FAQ by the govt explains the salient provisions of the law and the safeguards it provides.
President promulgates Unregulated Deposit Scheme Ordinance
