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[Cites 0, Cited by 1] [Section 5] [Entire Act]

State of Puducherry - Subsection

Section 5(3) in Puducherry Protection of Interests of Depositors in Financial Establishments Act, 2004

(3)The competent authority may also make an application to any Special Court or Designated Court or any other judicial forum established or constituted or entrusted with the powers by any other State Government under any similar enactment for adjudicating any issue or subject matter pertaining to money or property or assets belonging to or ostensibly belonging to a Financial Establishment or any person notified under this Act situated within the territorial jurisdiction of that Special Court or Designated Court or any judicial forum as the case may be, for passing appropriate orders to give effect to the provisions of this Act.