Live Help
A new Generation of research begins with a new Research Platform. Try New
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :


Thank you for your details

Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session

Appropriate forum for action under MPID Act is Designated Court under Act and not NCLT: HC

November 19, 2020[2020] 121 196 (Bombay)

IBC : Action taken under provisions of Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 (MPID Act) against a 'Financial Establishment', as contemplated under MPID Act, can be challenged before Designated Court under MPID Act and not before NCLT and, thus, appropriate forum to challenge attachment of account of a financial establishment is Designated Court under MPID Act

read more
Best view in 1140 x 768