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Home›State Acts›The NBFC Act 2002 & Rules 2004›rule 16

rule 16

Section 438 of the Code of Criminal Procedure.

The NBFC Act 2002 & Rules 2004
General200220 rules
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Statutory text

Act to override other laws:

Save as otherwise provided in this Act, the provisions of this Act shall. Have effect not withstanding anything inconsistent therewith contained in any other law for the time being in force of any custom or usage.

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← rule 15rule 17 →

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Contents

20 matching rules

  1. 0Preamble
  2. 1Short title and Commencement:
  3. 2Definitions :
  4. 3Fraudulent default by Financial Establishment:
  5. 4Court shall presume that such Financial Establishment has committed the default fraudulently.
  6. 5Code of Civil Procedure.
  7. 6Assessment of assets and deposit liabilities:
  8. 7Competent Authority in his best judgment.
  9. 8Powers of Designated Court regarding attachment:
  10. 9Powers of the Designated Court regarding realization or
  11. 10Attachment of property of malafide transferees:
  12. 11Designated Court equivalent to the proper value of the property transferred.
  13. 12Administration of property attached :
  14. 13Appeal:
  15. 14Designated Court may appeal to the High Court of the area concerned.
  16. 15Procedure and powers of designated Court regarding
  17. 16Section 438 of the Code of Criminal Procedure.
  18. 17Protection of action taken in good faith:
  19. 18Act.
  20. 19Power to remove difficulties :
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