section 4
Amendment of Section 13
The Mizoram Protection of Interests of Depositors (in Financial Establishment) (Second Amendment) Act, 2018General20184 sections
Statutory text
In sub-section (2) of section 13 of the Principal Act, the following clause (a) & (b) may be inserted as follows, namely :-
“(a) Notwithstanding anything contained in section 438 of the Code of Criminal Procedure, 1973 (Central Act 2 of 1974), no Court shall grant anticipatory bail to any person booked under this Act.”
- (b) Every Financial Establishment shall furnish a quarterly return within one month of the expiry of each quarter of a financial year to the Deputy Commissioner and the Superintendent of Police of the district in respect of its business and financial position, the area of its investment and the location of investments of moneys made by it within and outside the State, if any and such other particulars as may be prescribed.”
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