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    <title>2019 (9) TMI 1559 - CHHATTISGARH HIGH COURT</title>
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    <description>Section 7 of the Chhattisgarh Protection of Depositors Interest Act, 2005 concerns attachment of property and safeguarding depositor interests; it does not control the institution of criminal prosecution or require a charge-sheet to be filed only by the competent authority. Section 13 applies warrant-trial procedure under the Code of Criminal Procedure, 1973 and permits the Special Court to take cognizance without committal. On this plain reading, the trial court&#039;s discharge of the accused based on Section 7 was an incorrect interpretation of the Act, and the discharge order was unsustainable.</description>
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    <pubDate>Wed, 11 Sep 2019 00:00:00 +0530</pubDate>
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      <description>Section 7 of the Chhattisgarh Protection of Depositors Interest Act, 2005 concerns attachment of property and safeguarding depositor interests; it does not control the institution of criminal prosecution or require a charge-sheet to be filed only by the competent authority. Section 13 applies warrant-trial procedure under the Code of Criminal Procedure, 1973 and permits the Special Court to take cognizance without committal. On this plain reading, the trial court&#039;s discharge of the accused based on Section 7 was an incorrect interpretation of the Act, and the discharge order was unsustainable.</description>
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