SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

SC Upholds State’s Power to Attach Properties of ‘Defaulting’ Financial Establishments - (17 May 2017)

Supreme Court has upheld State's power to issue ad interim order u/s 3 of Tamil Nadu Protection of Interests of Depositors Act, 1997, attaching immovable properties belonging to a financial establishment which defaults in returning deposits after maturity.

Tags : SUPREME COURT   TAMIL NADU PROTECTION OF INTERESTS OF DEPOSITORS ACT   1997  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved