The Maharashtra Protection Of Interest Of Depositors (In Financial Establishments) Act, 1999 And Rules 1999

This definitive edition of the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999, along with the Rules of 1999, delivers a precise and structured understanding of one of Maharashtra’s most crucial regulatory statutes. The MPID Act serves as the primary legal instrument for safeguarding depositors from fraudulent or defaulting financial establishments, empowering authorities to attach properties, initiate prosecution, and secure investor rights through judicial processes. The book provides section-wise accuracy, updated statutory text, and clear explanations tailored for practical application in litigation, regulatory compliance, and enforcement. It examines key provisions relating to attachment of assets, powers of competent authorities, special court procedures, liabilities of financial institutions, and penalties for violations. The inclusion of Rules ensures full procedural clarity, making the book an indispensable tool for anyone involved in financial regulation or economic offences. Whether used in courtrooms, advisory roles, or academic environments, this resource offers unmatched clarity and accessibility. Its structured approach helps professionals interpret the Act with ease and apply it effectively in real-world contexts involving financial scams, investor complaints, or corporate investigations.