Section 36: Protection of action taken in good faith

Q: What does Section 36 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) deal with?

Section 36 BUDS Act pertains to "Protection of action taken in good faith". It is part of the The Banning of Unregulated Deposit Schemes Act, 2019, a legislation enacted by the Parliament of India. Section 36 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs protection of action taken in good faith. As verified on 19 May 2026.

Q: Is Section 36 BUDS Act still in force?

Yes, Section 36 of the The Banning of Unregulated Deposit Schemes Act, 2019 is currently in force across the Republic of India.

Q: What is धारा 36 BUDS Act?

धारा 36 BUDS Act is the Devanagari Hindi reference for Section 36 of the The Banning of Unregulated Deposit Schemes Act, 2019. Section 36 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs protection of action taken in good faith. As verified on 19 May 2026.

Q: What is Dhara 36 BUDS Act?

Dhara 36 BUDS Act is the Roman Hindi reference for Section 36 of the The Banning of Unregulated Deposit Schemes Act, 2019. "Dhara" means "Section" in Hindi. Section 36 of The Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act) governs protection of action taken in good faith. As verified on 19 May 2026.

Q: How to cite Section 36 of The Banning of Unregulated Deposit Schemes Act, 2019?

Cite as: "Section 36, 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, § 36 (India).

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Wednesday, 20 May 2026

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Table of Contents

The Banning of Unregulated Deposit Schemes Act, 2019

Chapter VIIIMIS — cellaneous

Section 36

Protection of action taken in good faith

- No suit, prosecution or other legal proceedings shall lie against the appropriate Government or the Competent Authority or any officer of the appropriate Government for anything which is in good faith done or intended to be done under this Act or the rules made thereunder.