(I) The Meghalaya Protection of Interests of Depositors (in Financial Establishments) Act, 2006 is hereby repealed.
(2) Notwithstanding the repeal any action taken or anything done under the Act so repealed shall be deemed to have been taken or done under the provisions of this Act.
(2) Notwithstanding the repeal any action taken or anything done under the Act so repealed shall be deemed to have been taken or done under the provisions of this Act.
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Attachment of properties on default of return of depositsSection 4 · Authorities to receive complzints and cause inquiry and investigationSection 5 · Offences to be cogn~able and non-bailableSection 6 · Competent AuthoritySection 7 · Punishment for default in repayment of deposits and interestsSection 8 · Report and Return by the Financial EstablishmentsIndia Code, Government of India. Text fetched 13 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.