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Home›State Acts›The Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004›section 0

section 0

Preamble

The Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004
General200422 sections
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Statutory text

KARNATAKA ACT NO. 30 OF 2005 THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, 2004

STATEMENT OF OBJECTS AND REASONS

Arrangement Sections Sections:

CHAPTER-1

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Contents

22 matching sections

  1. 0Preamble
  2. 1Short title and commencement
  3. 2Definitions
  4. 3Attachment of properties on default of return of deposits
  5. 6Duties and powers of Competent Authority
  6. 7Assessment of assets and deposit liabilities
  7. 8Report by the Competent Authority
  8. 9Fraudulent default by Financial Establishment
  9. 9ACognizance of offence and power to club cases
  10. 10Special Court
  11. 11Powers of the Special Court regarding realization of assets and payment to depositors
  12. 12Powers of Special Court regarding attachment
  13. 13Attachment of property of malafide transferees
  14. 14Security in lieu of attachment
  15. 15Administration of property attached
  16. 16Appeal
  17. 17Special Public Prosecutor
  18. 18Procedure and powers of Special Court regarding offences
  19. 19Act to override other laws
  20. 20Protection of action taken in good faith
  21. 21Power to make rules
  22. 22Power to remove difficulties
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