State Act
12
Section 12. Security in lieu of attachment.
The Haryana Protection of Interest of Depositors in Financial Establishment Act, 2013 (32 of 2014)
Act no. 32 of 20142014In forceHaryana (State Act)
12. Any financial establishment or person whose property has been or is about to be attached under this Act may, at any time, apply to the designated court for permission to give security in lieu of such attachment and where the security offered and given is, in the opinion of the designated court, satisfactory and sufficient, it may cancel the order of attachment or refrain from making the order of attachment absolute, as the case may be.