The Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999
State Act of Maharashtra · Act 16 of 200018 provisions33 citing judgments
The enactment
| Long title | An Act to protect the interest of depositors in the Financial Establishments and matters relating thereto. |
|---|---|
| Type | Act |
| Citation | Act 16 of 2000 |
| Year | 2000 |
| Jurisdiction | State of Maharashtra |
| Ministry | Govt of Maharashtra |
| Status | In force as published by the source |
| Provisions published | 18 |
| Subjects | financial |
Full text, provision by provision
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- Section 1 Short title and commencement
- Section 2 Definitions
- Section 3 Fraudulent default by Financial Establishment21 citing judgments
- Section 4 Attachment of Properties on default of return of deposits11 citing judgments
- Section 5 Appointment of Competent Authority1 citing judgment
- Section 6 Designated Court
- Section 7 Powers of Designated Court regarding attachment
- Section 8 Attachment of property of malafide transferees
- Section 9 Security in lieu of attachment
- Section 10 Administration of property attached
- Section 11 Appeal
- Section 12 Special Public Prosecutor
- Section 13 Procedure and powers of Designated Court regarding offences
- Section 14 Act to override other laws
- Section 15 Protection of action taken in good faith
- Section 16 Power to make rules
- Section 17 Power to remove difficulties
- Section 18 Repeal of Mah. Ord. XXXIV of 1999 and saving
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