The Meghalaya Protection of Interest of Depositors (in Financial Establishments) Act, 2018 (Act No. 8 of 2018) — English

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NOTIFICATION

The 9th October, 2018.

No.LL(B)85/2001/204.—The Meghalaya Protection of Interest of Depositors

(in Financial Establishments) Act, 2018 (Act No. 8 of 2018) is hereby published for

general information.

The Gazette of Meghalaya
EXTRAORDINARY

PUBLISHED BY AUTHORITY

 No. 365              Shillong, Tuesday,  October  9, 2018,              17th  Asvina-1940 (S. E.)

PART-IV

GOVERNMENT OF MEGHALAYA

LAW (B) DEPARTMENT

———

Postal Registration No. N. E.—771/2006-2008

MEGHALAYA ACT NO. 8 OF 2018.

(As passed by the Meghalaya Legislative Assembly)

Received the assent of the Governor on 7th October, 2018.

Published in the Gazette of Meghalaya Extra-Ordinary issue dated 9th October, 2018.

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THE MEGHALAYA PROTECTION OF INTEREST OF DEPOSITORS
(IN FINANCIAL ESTABLISHMENTS) ACT, 2018

An

Act

Sixty-ninth

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SHILLONG: Printed and  Published  by the Director,  Printing and  Stationery, Meghalaya, Shillong.
              (Extraordinary Gazette of Meghalaya) No. 727 - 730 + 300 — 9 - 10 - 2018.

website:- http://megpns.gov.in/gazette/gazette.asp

W. KHYLLEP,
Secretary to the Govt. of Meghalaya,

Law  Department.

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About this act

Jurisdiction: Meghalaya
Enactment date: 2018-10-07
Sections available: 22

Read the sections

1Short title, extent and commencement→2Definitions→3Attachment of properties on default of return of deposits→4Authorities to receive complzints and cause inquiry and investigation→5Offences to be cogn~able and non-bailable→6Competent Authority→7Punishment for default in repayment of deposits and interests→8Report and Return by the Financial Establishments→9Compounding of offences→10Special Courts→11Powers Special regarding of the Courts attachment, sale ,realization and distribution etc.→12Attachment of properties of malafied transferees→13Security in lieu of attachment→14Administration of property attached→15Appeal→16Special Public Prosecutor→17Procedure and Powers of Special Courts regarding offences→18Act to override other laws→19Protection of action taken in good faith.→20Power to make rules→21Power to remove difficulties→22Repeal and Savings→

Source and version

India Code, Government of India. Text fetched 13 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.