Meghalaya Protection of Interest of Depositors (in Financial Establishments) Act, 2018 (Act No. 8 of 2018)
Bare Act · 2018
- Act number
- 8 of 2018
- Enacted
- 7 October 2018
- Contents
- 22 sections
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Contents
- Section 1 – Short title, extent and commencement
- Section 2 – Definitions
- Section 3 – Attachment of properties on default of return of deposits
- Section 4 – Authorities to receive complzints and cause inquiry and investigation
- Section 5 – Offences to be cogn~able and non-bailable
- Section 6 – Competent Authority (preview)
- Section 7 – Punishment for default in repayment of deposits and interests (preview)
- Section 8 – Report and Return by the Financial Establishments (preview)
- Section 9 – Compounding of offences (preview)
- Section 10 – Special Courts (preview)
- Section 11 – Powers Special regarding of the Courts attachment, sale ,realization and distribution etc (preview)
- Section 12 – Attachment of properties of malafied transferees (preview)
- Section 13 – Security in lieu of attachment (preview)
- Section 14 – Administration of property attached (preview)
- Section 15 – Appeal (preview)
- Section 16 – Special Public Prosecutor (preview)
- Section 17 – Procedure and Powers of Special Courts regarding offences (preview)
- Section 18 – Act to override other laws (preview)
- Section 19 – Protection of action taken in good faith (preview)
- Section 20 – Power to make rules (preview)
- Section 21 – Power to remove difficulties (preview)
- Section 22 – Repeal and Savings (preview)