Security in lieu of attachment:-

Any Financial Establishment or person whose property has been or is about to be attached under this Act may, at anytime, apply to the Special Court for permission to give security in lieu of such attachment and where the security offered and given is in the opinion of the Special Court, satisfactory, and sufficient it may cancel, the ad- interim order of attachment or, as the case may be refrain from passing the order under sub-section (6) of Section 7. 10. Administration of property attached:- The Special Court may, on the application of any person interested in any property attached under this Act, and after giving the Competent Authority an opportunity of being heard, make such orders as the Special Court considersjust and reasonable for-

(a) Providing from such of the property attached as the applicant claims an interest in such sums as may be reasonably necessary for the maintenance of the applicant and of his family, and for expenses connected with the defence of the applicant where criminal proceedings have been instituted against him in the Special Court under SectionS. b) Safeguarding so far as may be practicable the interest of any business affected by the attachment and in particular in the interest of any partners in such business.