Section 27: Cognizance of offences

Q: What does Section 27 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) deal with?

Section 27 BUDS Act pertains to "Cognizance of offences". It is part of the The Banning of Unregulated Deposit Schemes Act, 2019, a legislation enacted by the Parliament of India. Section 27 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs cognizance of offences. As verified on 19 May 2026.

Q: Is Section 27 BUDS Act still in force?

Yes, Section 27 of the The Banning of Unregulated Deposit Schemes Act, 2019 is currently in force across the Republic of India.

Q: What is धारा 27 BUDS Act?

धारा 27 BUDS Act is the Devanagari Hindi reference for Section 27 of the The Banning of Unregulated Deposit Schemes Act, 2019. Section 27 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs cognizance of offences. As verified on 19 May 2026.

Q: What is Dhara 27 BUDS Act?

Dhara 27 BUDS Act is the Roman Hindi reference for Section 27 of the The Banning of Unregulated Deposit Schemes Act, 2019. "Dhara" means "Section" in Hindi. Section 27 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs cognizance of offences. As verified on 19 May 2026.

Q: How to cite Section 27 of The Banning of Unregulated Deposit Schemes Act, 2019?

Cite as: "Section 27, The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act)" in legal briefs. For academic writing, use the BlueBook format: The Banning of Unregulated Deposit Schemes Act, 2019, § 27 (India).

Law on Tips Editorial Board

- 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.