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[Cites 0, Cited by 0] [Section 9(2)] [Section 9] [Entire Act]

NCT Delhi - Subsection

Section 9(2)(c) in The Delhi Protection of Interest of Depositors (In Financial Establishment) Act, 2001

(c)direct the Competent Authority to take possession of any assets belonging to or in the control of the financial establishment and sell, transfer or realize the attached assets, either by public auction or by private sale as he deems fit depending upon the nature of assets and credit the sale proceeds thereof to the bank account;