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[Cites 0, Cited by 0] [Section 15(2)] [Section 15] [Entire Act]

State of West Bengal - Subsection

Section 15(2)(d) in West Bengal Protection of Interest of Depositors in Financial Establishments Act, 2013

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