Uttarakhand protection of interest of depositors (in financial establishment) Act

The Uttarakhand protection of interest of depositors (in financial establishment) Act

Act ID:	200509
Act Number:	9
Enactment Date:	2005-01-27
Act Year:	2005
Short Title:	The Uttarakhand protection of interest of depositors (in financial establishment) Act
Department:	Department of FINANCE
Type:	STATE
Location:	Uttarakhand

Title	Files

Title	Files

Title	Files

Title	Files


Section 1. Short title, Extent and commencement
Section 2. Definitions
Section 3. Fraudulent default by Financial Establishment
Section 4. Attachment of properties on default of return of deposit
Section 5. Appointment of competent Authority
Section 6. Duties and powers of Competent Authority
Section 7. Assessment of assets and deposit liabilities
Section 8. Report by the Competent Authority
Section 9. Power of the Designated Court regarding realization of assets and payment to depositors
Section 10. Constitution of Designated Court
Section 11. Power of Designated Court regarding Attachment
Section 12. Attachment of property of mala-fide transferee
Section 13. Security in lieu of attachment
Section 14. Administration
Section 15. Appeal
Section 16. Special public prosecutor
Section 17. Procedure and powers of Designated Court regarding offences
Section 18. Act to overide other law
Section 19. Protection of action taken in good faith
Section 20. Power to make rules
Section 21. Power to remove difficulties