Bare ActsThe Gujarat Protection of Interest of Depositors (in Financial Establishments) Act, 2003

Section 9

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

(1) For the purposes of this Act, the State Government may, with the concurrence of the Chief Justice of the High Court of Gujarat, by notification, in the Official Gazette, constitute one or more Designated Court of the level of the Court of a District and Sessions Judge for such area or for such case or group of cases or such class as may be specified in the notification. (2) No Court, other than the Designated Court shall have jurisdiction to deal with or decide any question which the Designated Court is empowered to deal with or decide by or under this Act. (3) Any case or proceeding pending before any Court or any authority in relation to the moneys, properties or assets of the Financial Establishment covered by an order made under section 4, shall stand transferred to the Report by Competent Authority. Designated Court. 9 respective Designated Court and shall be dealt with and decided by such Court in accordance with the provisions of this Act.

Section 9 – The Gujarat Protection of Interest of Depositors (in Financial Establishments) Act, 2003 | DailyLaw.ai