The Maharashtra Protection of Interest of Depositors Act 1999 with Rules

Author: Sunil Dighe, Advocate, High Court

Year: 2026 Edition

About the Book:
This 2026 edition presents The Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 along with the Rules, updated and supplemented with short notes, relevant case law, and practical appendices. The book explains the scope, constitutional validity, and overriding effect of the MPID Act, especially in cases involving fraudulent financial establishments, deposit defaults, and property attachment. A highly practical guide for lawyers handling MPID, EOW, economic offences, and financial fraud litigation in Maharashtra.

Key Features:

• Complete MPID Act, 1999 with Rules, 1999

• Covers fast-tracked trial procedures under MPID

• Explains attachment of properties and refund mechanisms

• Discusses interaction with IPC, IBC, SARFAESI & PMLA

• Includes RBI directions on NBFC public deposits

• Short notes, select case law & relevant appendices

• Practical clarity on bail, jurisdiction & enforcement issues

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Ideal For:

• Criminal Lawyers & Trial Advocates

• EOW & Economic Offences practitioners

• Financial Fraud & White-Collar Crime lawyers

• Prosecutors & Investigating Officers

• Law Students studying Criminal & Financial Laws

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Caveat Legalis:
Description based on available details—interpret with due diligence!

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