Notification No. 3759/2001, dated 17th July, 2001 [N13-003]

As at 7 September 2026. In force from 17 July 2001.

Dates: made 17 July 2001; in force 17 July 2001; ceased none recorded. Gazette: none recorded. Band A.

Jurisdiction: Maharashtra [IN-MH]. Made by the Government of Maharashtra.

Synthetic. This instrument and its words are generated by the register beneath an Act whose title, number and year are real.

Cite: Notification No. 3759/2001, dated 17th July, 2001, No. 3759/2001 [N13-003]. Machine: N13-003.

No. 3759/2001.—In exercise of the powers conferred by section 10 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000), the State Government, being satisfied that it is necessary in the public interest so to do, hereby exempts financial institutions whose annual value of the business of a financial institution does not exceed fifty thousand rupees from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Debts Recovery Tribunal in writing of the commencement of the business of a financial institution within seven days of such commencement.

Made under

Recital: "In exercise of the powers conferred by section 10 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000), the State Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000) [S2K-MQA]. Vires verified.

Acts on (1)

Exempts Section 4, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2K-MH6], 17 July 2001. "section 4 of the said Act".

Acted on by (0)

none

Not held (0)

none