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Section 6: Special Court

The Goa Protection of Interests of Depositors (in Financial Establishments) Act, 1999.State Act of Goa · Act 10 of 1999

(1) For the purposes of this Act, the Government may, with the concurrence of the Chief Justice of the High Court, by notification, constitute a Special Court in the cadre of a District and Sessions Judge.

(2) No Court other than the Special Court shall have jurisdiction in respect of any matter to which the provisions of this Act apply.

(3) Any pending case in any other court to which the provisions of this Act apply shall stand transferred to the Special Court.

(4) The Special Court shall, on an application by the competent authority, pass such order or issue such direction as may be necessary for the equitable distribution among the depositors of the money realised from out of the property attached.

Where this provision sits

ActThe Goa Protection of Interests of Depositors (in Financial Establishments) Act, 1999.
Section6
Marginal noteSpecial Court
JurisdictionState of Goa
StatusIn force as published by the source

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