Section 4: Jurisdiction unaffected by separation from service

The jurisdiction or authority of the Court shall not be affected by the fact that a person charged or brought before the Court for trial or hearing-(a) has resigned or retired from the bank; or
(b) has had his appointment terminated in the bank; or
(c) has otherwise left the employment of the bank; or
(d) withdrew his participation from a merger, take-over or the closing of a bank, if the loan, advance, guarantee or any other credit facility, which is the subject matter of the proceeding before the Court is outstanding on the commencement of the merger, take-over or closing of the bank.