UP cabinet has done many major decisions on 17th October. Among them is a decision on saving depositors interest. Cabinet has approved to the proposal for the enforcement of the system in financial adhishthanas depositor Protection Act (इनफोर्समेन्ट) nominated for enforcement of courts, Regional Offices, Director-General, Noida Camp Offices/Command Center, guest house, Establishment of Training Center, special police stations and creation of posts for running the offices and Directorate, appointment/deputation/deployment and official the discharge of functions of the proposal of vehicles, etc. are necessary for clearance.It is learned that after applying this rule the security and safety of depositors interests will be ensured and legal action and criminal proceedings against financial and non banking financial institutions who disappear after collecting money will be ensured.
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