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Section 3, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2K-MG4]

As at 7 September 2026. In force from 24 September 2000.

In Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [A12-5WE]. This text from 24 September 2000. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 3, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2K-MG4]. Machine: S2K-MG4.

3. Appointment of Debts Recovery Tribunal.—(1) The State Government may, by notification, appoint an authority, to be known as the Debts Recovery Tribunal, to exercise the powers and perform the functions conferred on it by or under this Act. (2) The Debts Recovery Tribunal may, with the previous approval of the State Government, appoint such officers and other employees as it considers necessary for the efficient discharge of its functions under this Act. (3) The State Government may, by notification, direct that any power exercisable by it under this Act, except the power to make rules under section 17, shall, in relation to such matters and subject to such conditions as may be specified in the notification, be exercisable also by the Debts Recovery Tribunal.

Defined terms in this text (1)

notification: Section 2, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2KMFZ] (In this Act, unless the context otherwise requires,—): "notification" means a notification published in the Official Gazette, and the expression "notified" shall be construed accordingly

notification: 996 more definitions.

Made under this section, or naming it (0)

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Not held (0)

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Duties published under this section (0)

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Section 3, Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 [S2K-MG4]