Who is the Best Advocate for TNPID Cases in Chennai? First of all, our Law firm Counsel for issues of TNPID Act handle litigation allover Tamil Nadu. TNPID cases are tried in special court. Criminal lawyers for white collar crime solve such disputes in the first place.
Lawyers for White Collar Crime
Never think that this is civil cases and a Civil lawyer can handle it. You must get a criminal lawyers advice to get a Bail in FIR Stage. Rajendra law office have attorneys who are expert in Both criminal and civil cases especially in white collar crime.
What is TNPID Act ?. | Best lawyers for TNPID
To Contact lawyers for TNPID cases in Chennai, Call or send a SMS : +91-9994287060 for emergency legal services or Click here to Send a Whatsapp Message.
How to overcome from TNPID issues in India ?.
- Inability to give back the Deposited Money / interest too. Indeed This is an offense likewise inability to render administration for which Deposit in Sec 5
- 10 years Detainment and Rs.1 Lakh Fine. Sec-5.
- Sec 5A accommodates intensifying the offense.
- Connection of cash/property bought out of stores. If not adequate energy to append other property of the organization/promoters/executives and so forth., Sec-3
- Borrower’s property at risk to connection Sec-3
- Properties exchanged other than for thought/great confidence at risk for connection. Sec-8.
- NBFCs initially exempted brought inside of the ambit of Tamil Nadu Protection of interest of Depositors Act Sec-2(3)
- Meaning of Finance Establishments is broadened to in-corporate organizations. It is enlisted under the Indian Organizations enrolled under the organizations Demonstration.- Sec 2(3).
- Equipped Power is enabled to connect and offer the properties and dispense the cash to the contributors – Sec 3 and 4.
Special features of TAMILNADU PROTECTION OF INTEREST OF DEPOSITORS ACT-1997
- The Corrections of TNPID Act 1997 done on 10.11.2003.
- In Section 2(2) of the demonstration – Deposit incorporates Deposit of cash in portions furthermore for any administration.
- Monetary foundations Under section 2(3): An organization enlisted under Companies Act – 1956 [Central Act –I of 1956] is additionally included.
- Connection of properties Under section – 3 : In fact, Properties of the borrowers can likewise appended.
- Exacerbating of offenses Under section – 5A corrected. “Skillful Power can intensify the offenses before the foundation of the indictment or after establishment of the arraignment”.
TNPID COMPETENT AUTHORITY
“Additional commissioner of Land Administration” is the only Competent Authority for TNPID.
This of-Course until 9th Month of 2004. As on 26th August 2004, the District revenue Officers notified as the Competent Authorities. This is as per G.O.No.1049 / 2004, Home / Courts ΙΙ A.
COMPETENT AUTHORITY OF TNPID FOR ATTACHMENTS
Competent Authority is first the caretaker for the connection procedures for TNPID Cases.
Of-Course, They take ownership of the Transitory appended properties.
On the other hand, Get outright connection arrange and disperse the sum acknowledged.
Moreover This is to the contributors after the offer of Property.
Leading Lawyers for criminal cases in Tamil Nadu Protection of interest of Depositors Act
Rajendra law office offers the best legal services by leading lawyers for criminal cases in Tamil Nadu Protection of interest of Depositors Act at Madras high court. Finance companies avail litigation services here in Retainer-ship basis from our Criminal attorneys.
COMPETENT AUTHORITY IN NON-TNPID CASES:
In Non-TNPID cases – No Beneficiary / Official Vendor / Overseer / Extraordinary Officer / Magistrate.
In fact, No selected Examination officer is to take ownership of property (After Outright Connection). At this point, It continues to the contributors after the conviction of the criminal case.
Those are according to the court order. In any case, you must find the best lawyers for Courts under Tamil Nadu Protection of interest of Depositors Act in Madurai and Coimbatore.
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TANPID Lawyers
Rajendra Law office is Top TANPID Lawyers Firm in Chennai by all means for Tamil Nadu protection of interest of depositors act 1997
No.1 Counsel for TNPID disputes indeed in Chennai
Rajendra law office is one the best legal consultants and Advocates firm in India. They Specialize in financial crime charge resolution. In fact it is in Tamil Nadu Protection of interest of Depositors Act cases in Tamil Nadu, India. Meet the No.1 Counsel for TNPID disputes in Chennai.
