Bare ActsThe Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999

Section 10

Amendment status not verified — confirm the current text below against the official source.

Administration of property attached - The Special Court may, on the application of any person interested in any property attached under this Act, 5 and after giving the Competent Authority an opportunity of being heard, make such orders as the Special Court considers just and reasonable for ,- (a) Providing from such of the property attached as the applicant claims an interest in such sums as may be reasonably necessary for the maintenance of the applicant and of his family, and for expenses connected with the defence of the applicant where criminal proceedings have been instituted against him in the Special Court under section 5; (b) safeguarding so far as may be practicable the interest of any business affected by the attachment and particularly by in the interest of any partners in such business.

Section 10 – The Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999 | DailyLaw.ai