Depositors (In Financial Establishments) Act, 1999
(for short the " MPID Act "). The impugned order is passed on a
Miscellaneous Application and we would ... June, 2005 by the MPID Court.
15) It is further submitted that the case under the MPID
Act was ordered to be registered only
Court held that the objects of the Tamil Nadue
Act, Maharashtra Act and the Pondicherry Act are the same
and/or of similar nature ... observed that the power to enact the Pondicherry Act, the Tamil Nadu Act
and the Maharashtra Act is relatable to Entries
State of Maharashtra ]
(Through the Competent ]
Authority appointed under the ]
MPID Act, 1999 ), First Floor, Old ]
Custom, Fort, Mumbai - 400 001. ]
2. NSEL Investor Action ... Financial
Establishments) Act, 1999 (hereinafter referred to as "the MPID
Act "). Criminal Appeal No.451 of 2020 is filed by the appellant
claiming
Depositors (in Financial
Establishment) Act, 1999 (hereinafter referred to
as ' MPID Act '). Petitioners have also challenged
the direction given by respondent ... read with Rule 3(1) of
the MPID Rules framed under section 16(1) of the
MPID Act. It is submitted that section 4 read
Interests of Depositors in Financial Establishments
Act, 1999 (for short ' MPID Act ') being violative of Article 14 , 19
and Article 300A ... term
"deposit" as per section 2(c) of the MPID Act and hence the
provisions of MPID Act were invoked and applied
State of Maharashtra ]
(Through the Competent ]
Authority appointed under the ]
MPID Act, 1999 ), First Floor, Old ]
Custom, Fort, Mumbai - 400 001. ]
2. NSEL Investor Action ... Financial
Establishments) Act, 1999 (hereinafter referred to as "the MPID
Act "). Criminal Appeal No.451 of 2020 is filed by the appellant
claiming
Financial Establishment)
Act, 1999 (hereinafter referred to as the " MPID Act "). The
appellant challenges the order dated 16 th November, 2016 in
MPID ... matter is pending before the Designated Court
under the MPID Act . Smt. Sunita Suresh Shetty was the other
accused in the said case, however
Maharashtra Protection of Interest of Depositors Act in Financial
Establishments Act, 1999 (hereinafter referred to as ‘ MPID Act ’).
3. Learned counsel for the petitioner submits ... Maharashtra Act and the Tamil Nadu Act.
59. […] The objects of the Tamil Nadu Act, the
Maharashtra Act and the Pondicherry Act being the same
Depositors in Financial Establishments Act, 1999 (hereinafter referred to as ' MPID Act ') this Commission has no jurisdiction to entertain the complaint, since ... Act reads as under:
"(2) No court including the court constituted under the Presidency Towns Insolvency Act, 1909 , and the Provincial Insolvency Act
Reserve Bank of
India Act, 1934 , the Banking Regulation Act, 1949 and the Indian
Companies Act, 1956 .
2 The present cases deal with non banking ... conflict between the Reserve Bank of India
Act, 1934 and the Indian Companies Act, 1956 and the MPID Act, 1999 .
In these circumstances, there
