The Uttarakhand protection of interest of depositors (in financial establishment) Act
Uttarakhand
- Act number
- 9 of 2005
- Department
- DEPARTMENT OF FINANCE
- Enacted
- 27 Jan 2005
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
21 sections
- Section 1Short title, Extent and commencement
- Section 2Definitions
- Section 3Fraudulent default by Financial Establishment
- Section 4Attachment of properties on default of return of deposit
- Section 5Appointment of competent Authority
- Section 6Duties and powers of Competent Authority
- Section 7Assessment of assets and deposit liabilities
- Section 8Report by the Competent Authority
- Section 9Power of the Designated Court regarding realization of assets and payment to depositors
- Section 10Constitution of Designated Court
- Section 11Power of Designated Court regarding Attachment
- Section 12Attachment of property of mala-fide transferee
- Section 13Security in lieu of attachment
- Section 14Administration
- Section 15Appeal
- Section 16Special public prosecutor
- Section 17Procedure and powers of Designated Court regarding offences
- Section 18Act to overide other law
- Section 19Protection of action taken in good faith
- Section 20Power to make rules
- Section 21Power to remove difficulties