THE BANNING OF UNREGULATED DEPOSIT SCHEMES ACT, 2019 · OFFENCES AND PUNISHMENTS
Section 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.