Section 10: Information of business by deposit taker

Q: What does Section 10 of The Banning of Unregulated Deposit Schemes Rules, 2020 (TBUDSR) deal with?

Section 10 TBUDSR pertains to "Information of business by deposit taker". It is part of the The Banning of Unregulated Deposit Schemes Rules, 2020, a legislation enacted by the Parliament of India. Section 10 of The Banning of Unregulated Deposit Schemes Rules, 2020 (TBUDSR) governs information of business by deposit taker. As verified on 22 May 2026.

Q: Is Section 10 TBUDSR still in force?

Yes, Section 10 of the The Banning of Unregulated Deposit Schemes Rules, 2020 is currently in force across the Republic of India.

Q: What is धारा 10 TBUDSR?

धारा 10 TBUDSR is the Devanagari Hindi reference for Section 10 of the The Banning of Unregulated Deposit Schemes Rules, 2020. Section 10 of The Banning of Unregulated Deposit Schemes Rules, 2020 (TBUDSR) governs information of business by deposit taker. As verified on 22 May 2026.

Q: What is Dhara 10 TBUDSR?

Dhara 10 TBUDSR is the Roman Hindi reference for Section 10 of the The Banning of Unregulated Deposit Schemes Rules, 2020. "Dhara" means "Section" in Hindi. Section 10 of The Banning of Unregulated Deposit Schemes Rules, 2020 (TBUDSR) governs information of business by deposit taker. As verified on 22 May 2026.

Q: How to cite Section 10 of The Banning of Unregulated Deposit Schemes Rules, 2020?

Cite as: "Section 10, The Banning of Unregulated Deposit Schemes Rules, 2020 (TBUDSR)" in legal briefs. For academic writing, use the BlueBook format: The Banning of Unregulated Deposit Schemes Rules, 2020, 2020, § 10 (India).

Law on Tips Editorial Board

(1)

Every deposit taker which commences or carries on its business as such on or after the commencement of this Act shall intimate the authority referred to in sub-section (1) of section 9 about its business in such form and manner and within such time, as may be prescribed.

(2)

The Competent Authority may, if it has reason to believe that the deposits are being solicited or accepted pursuant to an Unregulated Deposit Scheme, direct any deposit taker to furnish such statements, information or particulars, as it considers necessary, relating to or connected with the deposits received by such deposit taker.

Explanation.—For the removal of doubts, it is hereby clarified that -