Power to remove difficulties :

If any difficulty arises in giving effect to the provisions of this act, the Government may, as occasion arises, by order, do anything, not inconsistent with the provisions of this act, which appears to it to be necessary to remove the difficulty.

fcgkj jkT;iky ds vkns”k ls g0@& voj&lfpo] fof/k foHkkx] fcgkj la0 365 fcgkj tekdrkZvksa ds fgrksa dk laj{k.k ¼foÙkh; LFkkiukvksa esa½ vf/kfu;e] 2002 ¼2002 dk vf/kfu;e la[;k&18½ dh /kkjk&18 ds v/khu iznRr “kfDr;ksa dk iz;ksx djrs gq;s jkT; ljdkj] fcgkj ,rn~ }kjk fuEufyf[kr fu;ekoyh cukrh gS &

;g fu;ekoyh fcgkj tekdÙkkZvksa ds fgrksa dk laj{k.k ¼foÙkh; LFkkiukvksa esa½ fu;ekoyh] 2004 dgha tk ldsxhA

¼d½vf/kfu;e ls vfHkizsr gS fcgkj tekdÙkkZvksa ds fgrksa dk laj{k.k ¼foÙkh; LFkkiukvksa esa½ vf/kfu;e] 2002

¼[k½ ^^l{ke izkf/kdkjh** ls vfHkizsr gS vf/kfu;e dks /kkjk&5 ¼1½ ds v/khu ljdkj }kjk l{ke izkf/kdkjh ds :Ik esa fu;qDr inkf/kdkjhA ¼x½ ^^lekgÙkkZ ls vfHkizsr gSA fdlh Hkh ftys dk lekgÙkkZ vkSj blesa jkT; ljdkj }kjk] blds fy, izkf/kd`r vij lekgÙkkZ Hkh “kkfey gS A ftyk ds lekgÙkkZ vf/kfu;e dh /kkjk&4 dh mi/kkjk ¼1½ ds v/khu vius ftyk ds fdlh Hkh O;fDr ls f”kdk;rsa izkIr djus ds fy, l{ke gksxk vkSj og mls vius izfrosnu ds lkFk ;FkklEHko “kh?kz ljdkj dks vxzlkfjr djsxkA

¼1½ vf/kfu;e dh /kkjk&4 ds v/khu ljdkj }kjk fuxZr fd;s tkus okys fdlh LFkkiuk dh dwdhZ dk vkns”k ljdkj ds lfpo] lkafLFkd foÙk ,oa dk;ZØe dk;kZUo;u ls vU;wu iafDr ds inkf/kdkjh }kjk fuxZr fd;k tk;sxkA ¼2½ l{ke inkf/kdkjh fu;e 9 ds mifu;e ¼1½ ds v/khu vkns”k fuxZr gksus ij] ftl lEifÙk ds fy, dwdhZ dk vkns”k fd;k x;k gks ml ij dCtk djus ds iz;kstukFkZ] vkj{kh vf/kdkjh ;k fdlh Hkh ljdkjh inkf/kdkjh ls vko”;d lgk;rk dh v/;is{kk dj ldsxk vkSj ,slh v/;is{kk fd;s tkus ij ,sls inkf/kdkjh dk drZO; gksxk fd og l{ke izkf/kdkjh dks vko”;d lgk;rk djsA ljdkjh inkf/kdkjh }kjk fu;e&4 ds mifu;e ¼1½ ds v/khu /ku ;k vU; lEifÙk dh dwdhZ ds vkns”k dk izdk”ku fd;s tkus ij og inkf/kdkjh] ,sls dwdhZ vkns”k ls lacaf/kr lHkh lqlaxr dkxtkrksa dh izfr;ka ,oa viuk fjiksVZ rqjar l{ke izkf/kdkjh dks vxzlkfjr dj nsxkA l{ke izkf/kdkjh ifjoknh ,oa lkf{k;ksa] ;fn dksbZ gksa] dk ijh{k.k dj ldsxk ,oa ijh{k.k dh dk;Zokgh fyf[kr :Ik esa vfHkfyf[kr dh tk;sxh A l{ke izkf/kdkjh dks foÙkh; LFkkiuk ds fdlh ,sls O;fDr ;k in/kkjh ;k deZpkjh dk ijh{k.k djus dh “kfDr gksxh tks] mudh jk; esa] foÙkh; LFkkiuk ftlds lEcU/k esa ljdkj }kjk dwdhZ vkns”k fuxZr fd;k x;k gks] ds ckjs esa dksbZ tkudkjh nsus gsrq l{ke gks A ljdkj }kjk dwdhZ vkns”k izdkf”kr fd;s tkus ij ,oa ljdkj ls lalqxr dkxtkr ,oa vU; vfHkys[k izkIr gks tkus ij l{ke izkf/kdkjh] vf/kfu;e dh /kkjk&4 dh mi/kkjk ¼2½ ds v/khu dwdhZ fd;s rFkk mlesa fufgr fd;s x;s lHkh /ku ,oa lEifÙk dk C;ksjsokj ys[kk vkSj fooj.k vfHkfyf[kr djrs gq, ,d iath rqjar rS;kj djsxk ,oa mDr /ku ,oa lEifÙk;ksa dk iz”kklu ;Fkklk/;] tekdÙkkZvksa ,oa foÙkh; LFkkiukvksa ds loksZÙke fgr ds fy;s] tks Bhd le>s] djsxkA

¼1½ l{ke izkf/kdkjh dks] foÙkh; LFkkiuk ;k mlds izoÙkZd] funs”kd] Hkkxhnkj ;k izca/kd ;k ,slh foÙkh; LFkkiuk ds lnL; lfgr fdlh Hkh in/kkjh ds ckjs esa fdlh Hkh tkudkjh dh ekax djus ;k v/;is{kk djus ;k ;Fkk v/;isf{kr tkudkjh Hkstus gsrq ljdkj ds fdlh dk;kZy; ;k izkf/kdkjh ;k fdlh LFkkuh; izkf/kdkjh ;k fdlh vU; O;fDr dks funs”k nsus dh “kfDr gksxh vkSj ,slh foÙkh; LFkkiuk ;k mlds in/kkjh ;k izoÙkZd] funs”kd] Hkkxhnkjh ;k izca/kd ;k ,slh foÙkh; LFkkiuk ds lnL; ;k ljdkj ds dk;kZy; ;k dksbZ izkf/kdkjh ;k LFkkuh; inkf/kdkjh ;k dksbZ vU; O;fDr rqjar ml tkudkjh dks l{ke izkf/kdkjh ds ikl Hkst nsxkA ¼2½ fcgkj jkT; ds fdlh ftys esa dk;kZy; LFkkfir djus ,oa dk;Z ifjpkyu djus gsrq vk”kf;r dksbZ foÙkh; LFkkiuk@laLFkk vius fdz;k&dykiksa] dk;Z {ks=ksa ,oa@;k O;olk; dh] vko”;d lHkh dkxt i= ds lkFk foLr`r tkudkjh fyf[kr :Ik esa ftyk lekgÙkkZ ds dk;kZy; ;k ljdkj }kjk blds fufeÙk izkf/kd`r fdlh inkf/kdkjh dks nsxhA bl tkudkjh esa lacaf/kr jkT; ds dEiuh jftLVªkj }kjk bldk fuca/ku ,oa Hkkjrh; fjtoZ cSad] Hkkjrh; izfrHkwfr ,oa fofue; cksMZ ;k mi;qZDr iz;kstukFkZ fdlh vU; fofu;ked izkf/kdkj ls izkIr vuqKfIr vkSj fuca/ku ds ckjs esa tkudkjh ds lkFk blds dk;kZy; lajpuk fofufnZ’V LFkku@irk Hkh lfEefyr gksxkA ¼3½ iqfyl Fkkuk ds izHkkjh vf/kdkjh tc l{ke izkf/kdkjh }kjk v/;is{kk fd;k tk; foÙkh; LFkkiuk fd fdlh O;fDr] LFkku] lEifÙk] nLrkost] ys[k cgh vkfn dk] ;k izoÙkZd] funs”kd] izca/kd] inkf/kdkfj;ksa] lsodksa ;k ,slh foÙkh; LFkkiuk ds lnL;

ds laca/k esa tk¡p] vUos’k.k ;k losZ{k.k lfgr lHkh dkjZokbZ djsxk ,oa viuk izfrosnu l{ke izkf/kdkjh dks nsxkA tgk¡ izkf/kdkjh dk ;g lek/kku gks tk; ;k mudks ,slk fo”okl djus dk dkj.k gks fd dksbZ O;fDr] ftlds laca/k esa vf/kfu;e ds v/khu dksbZ dkjZokbZ vuq/;kr gS] Qjkj gks x;k gS ;k mlds Qjkj gksus dh lEHkkouk gS ;k og Lo;a dks fNik j[kk gS rks l{ke izkf/kdkjh bldk fyf[kr fjiksVZ vfHkfgr U;k;ky; dks rqjar nsxk A

¼1½ tgk¡ vf/kfu;e ds mica/kksa ds v/khu dwdhZ dh x;h ,oa l{ke izkf/kdkjh esa fufgr lEifÙk dh nzqr ,oa LokHkkfod {k; gksus ds v/khu gks] vkSj ;fn mldh O;;fur djuk lehphu gks rks l{ke izkf/kdkjh vfHkfgr U;k;ky; dh vuq”kalk izkIr djus ds Ik”pkr~ mDr lEifÙk dks csp ldsxk ;k vU;Fkk O;;fur dj ldsxk ,oa fcdzh vkxe dks foÙkh; LFkkiuk ds ys[kk esa lfEefyr dj ysxkA ¼2½ mi/kkjk&1 ds v/khu mDr lEifÙk dks O;;fur djus ds ckn l{ke izkf/kdkjh vfHkfgr U;k;ky; dks mls izfrosfnr dj nsxkA

¼1½ vf/kfu;e ds mica/kksa ds v/khu ljdkj }kjk dqdhZ fd;k x;k ,oa l{ke izkf/kdkjh esa fufgr lHkh /ku ;k lEifÙk dks l{ke izkf/kdkjh }kjk lhy dj fn;k tk;sxk vkSj og l{ke izkf/kdkjh dh vfHkj{kk esa jgsxkA

¼2½ l{ke izkf/kdkjh lHkh vk; ,oa lEifÙk dh dwdhZ dh x;h rFkk mlds izca/ku ,oa O;;uu ij mixr O;; dk vfHkys[k la/kkfjr djsxk ,oa mldk C;kSjk le;≤ ij vfHkfgr U;k;ky; dks Hkstsxk A

GOVERNMENT OF BIHAR DEPARTMENT OF INSTITUTION FINANCIAL & PROGRAMME IMPLAMENTATION NOTIFICATION Dated 28.02.2004 No. 365-In exercise of the powers conferred by section 18 of the Bihar Protection of Interests of Depositors (in Financial Establishments) Act, 2002 (Bihar Act 18 of 2002), the State Government of Bihar hereby makes the following rules, Namely- 1. Short title-Extent and Commecement:

1. (1) These rules may be called the Bihar Protection of Interest of Depositors (in Financial Establishments) Rules, 2004.
2. (2) It shall extend to whole of the State of Bihar.
3. (3) It shall come in force at once. 2. Definitions: In these rules, unless the context otherwise requires:
   • (a) ‘’Act means the Bihar Protection of Interest of Depositors (in Financial Establishments) Act, 2002 (Bihar, Act 18 of 2002).
   • (b) “Competent Authority” means the officer appointed as the Competent Authority by the Government under Section 5(1) of the Act.
   • (c) The “Collector” means collector of any district and it also includes Additional Collector as authorized by the State Government in this behalf.

3. Complaints:

The Collector of a District shall also be competent to receive the complaints from any person in his District under sub-

section (1) of section 4 of the Act and he shall forward the same together with his report to the Government as soon as possible. 4. Power to issue order of attachment:

1. (1) An order of attachment of any establishment to be issued

by the Government under section 4 of the Act shall be issued by an Officer not below the rank of a Secretary to Government in the Department of Institutional Financial and Programme Implementation.

1. (2) The Competent Authority may, on issue of the order under sub-rule (1) of Rule 9, require the necessary assistance of police officer or any officer of the government for the purpose of taking possession of the property in respect of which the attachment order has been made and on such requisition, it shall be the duty of such officer to render the necessary assistance to the Competent Authority. 5. Examination of Complainant and witnesses :
2. (1) Upon the publication of the order of attachment of money or other property by Government officer under sub-rule (1) of rule 4 such officer shall immediately forward copies of all the relevant papers and his report relating to such attachment order to the Competent Authority.
3. (2) The Competent Authority may examine the complainant and withnesses, if any, and such examination proceedings shall be recorded in writing.
4. (3) The Competent Authority shall have power to examine any person or office bearer or employees of the Financial Establishment who, in his opinion, is competent to give any information about the Financial Establishment in respect of which the attachment order has been issued by the Government.

6. Administration of the attached money and properties :

Upon the publication of the attachment order by the Government and, on the receipt of relevant papers and other record from the Government, the Competent Authority shall immediately prepare a register, recording detailed account and description of all the money and properties attached and vested in him under sub-section (2) of section 4 of the Act, and shall, as far as may be practicable, administer the said money and properties in the best interest of the Depositors and the Financial Establishment, as he deems fit.

7. Right of Competent Authority to require information :

1. (1) The Competent Authority shall have power to call for or require any information about the Financial Establishment or its office bearers including the promoter, director, partner or manager or members of

such Financial Establishment or direct any office or authority or the Government or a local authority or any other person, to furnish such information as may be required, and such Financial Establishment or its office bearer or promoter, director, partner of manager or members of such Financial Establishment or office or authority of the Government or local authority or any other person, shall forth with furnish such information to the Competent Authority.

1. (2) Any Financial Establishment/Institution intending to establish an office and operate in a district in the State of Bihar shall furnish information in writing to the office of the District Collector or any officer authorized by the State Government in this behalf, about the details of its activities, areas of operation and/or business, supported by all necessary papers. This information shall also include its registration by the Registrar of Companies of the State concerned as also about the registration and the license obtained from the Reserve Bank of India. Securities and Exchange Board of India or any other regulatory authority for the purpose aforesaid with details of its office structure and specific location/address.
2. (3) An officer in charge of the police station, when required by the Competent Authority, shall take all steps, including inquiry, investigation or survey in respect or any person, place, property, documents, books of account etc. of the Financial Establishment or promoter, director, manager, officers, servants or member of such Financial Establishment and submit his report to the Competent Authority. 8. Powers of Competent Authority relating to absconding person : Where the Competent Authority is satisfied or has reason to believe that a person in respect of whom and action is contemplated under the Act, has absconded or is likely to abscond or is concealing himself the competent Authority shall immediately make a report in writing to the Designated Court. 9. Power of Competent Authority to sell or dispose of property:
3. (1) Where any property attached and vested in the Competent Authority under the provisions of the Act is subject to speedy and nature decay and if it is expedient it, the Competent Authority may, after obtaining permission of the Designated Court, sell or otherwise dispose of the said property and shall include the sell proceeds in the account of the Financial Establishment.
4. (2) The Competent Authority shall, after disposing of the said property under sub-rule (1) report the same to the Designated Court. 10. Maintenance of the record of money or property attached:
5. (1) All money or property attached by the Government and vested in the Competent Authority under the provisions of the Act shall be sealed by the Competent Authority.
6. (2) The Competent Authority shall maintain the record of all the income received and the expenditure incurred on attachment of the property and management and disposal of the same, and furnish the details of the same to the Designated Court from time to time.

11. The Competent Authority shall render such assistance to the

Special Public Prosecutor/Special Government Pleader in conducting the cases in the Designated Court as may be required.

By the order and in the name of Governor of Bihar

Sd/- (Arbind Prasad) (Secretary to Government)

Memo No. 365 Patna, Dated: 28.02.2004

Copy forwarded to-Superitendent, Government Press, Guljarbagh, Patna-7, for publication in Extra Ordinary Gazette. Please send 100 Copies of this Gazette to undersigned.

Sd/- (Arbind Prasad) (Secretary to Government)

Memo No. 365 Patna, Dated: 28.02.2004

Copy forwarded to-Chief Secretary, Bihar, Patna/Director General of Police, Patna, Patna/All Secretary/All Head of the Department/All District Magistrate/All Superintendent of Police for information and necessary action. Sd/- (Arbind Prasad) (Secretary to Government)