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