(1) The Government shall pass the ad-interim order of attachment under section 3 of the Act, which may also be ex-parte, under the following circumstances:-
(a) the financial establishment defaults in any manner to return deposits, pay interest or otherwise commits and default in its working;
(b) where the Government is satisfied that the financial establishment is likely to commit default, or has committed default, or has in a calculated manner an intention to commit default or for reasons to be recorded in writing deems it necessary and just to pass such orders.
(2) Upon receipt of the orders of the Government under sub-rule (1), the competent authority may examine the complainant and such examination shall be reduced in writing.
(3) The competent authority shall have power to examine any person who, in his opinion, will be able to give any information about the financial establishment, and no oath shall be administered to such person.
(4) The ad-interim orders passed by the Government under sub-rule (1) could be enforced by taking recourse to the measures under the Goa Land Revenue Code, 1968 (9 of 1969), police protection and under the Code of Civil Procedure, 1908 (V of 1908) as well as under the Code of Criminal Procedure, 1973 (2 of 1974).