https://www.taxtmi.com/caselaws?id=282852 The Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 was upheld as constitutionally valid, with the Court relying on an earlier decision sustaining a similar depositor-protection enactment. The High Court's view striking down the Act was found unsustainable, and its judgment was set aside. The Court confined itself to the constitutional validity challenge and did not address other issues. en-us Mon, 09 May 2011 00:00:00 +0530 Wed, 28 Aug 2019 10:02:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282852 The Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 was upheld as constitutionally valid, with the Court relying on an earlier decision sustaining a similar depositor-protection enactment. The High Court's view striking down the Act was found unsustainable, and its judgment was set aside. The Court confined itself to the constitutional validity challenge and did not address other issues. Case-Laws Indian Laws Mon, 09 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282852